Copper is facing bullish pressure

Price is facing bullish pressure from our first support in line with our 38.2% fibonacci retracement, 127.2% fibonacci extension and horizontal pullback support where we could see a further push up above this level. Ichimoku cloud is showing signs of bullish pressure in line with our bullish bias.

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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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