Copper is facing bullish pressure, potential for further upside

Copper prices bounced nicely from our first support previously to reach our resistance target. We maintain our bullish outlook on Copper as prices are facing bullish pressure from our first support in line with our 61.8% fibonacci retracement and 78.6% fibonacci extension. A break above our upside confirmation level could see a further push up to our first resistance target.
Chart PatternsCoppercopperlongcoppershortHarmonic PatternsTrend Analysis

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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