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Copper prices broke key support, potential for further downside

Por Tickmill
Corretora
Copper prices are facing bearish pressure from our descending trend line and approaching our first resistance where we could see a reversal below this level. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our bearish bias.
Chart PatternsCoppercoppershortHarmonic PatternsTrend Analysis
Tickmill
Corretora
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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