Copper is ready to resume higher

Copper is retesting broken 3.7000 upside resistance

 

Copper is retesting broken upside resistance 3.7000. A bounce here is required for a continuation higher to 4.500 as this 3.6000-3.7000 zone is the area of solid support. A break below 3.6000 would lead to a deeper pullback which is not likely to happen.

Note: look for the long trade with the stop loss below 3.6500

 

Copper broken upside resistance retest

 

 

 

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