Copper is facing bearish pressure
Price is facing bearish pressure from our first resistance, in line with our 78.6% fibonacci retracement and 127.2% fibonacci extension, where we could see a further downside from here towards 1st support at 2.8008. Ichimoku cloud is showing signs of bearish pressure as well.
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Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
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