Tickmill

Copper to climb from upside confirmation, potential bounce!

Long
OANDA:XCUUSD   CFD sur Cuivre (US$ / lb)
We are seeing a medium-probability bullish scenario as price is expected to climb from its upside confirmation at 3.38857 where it could potentially bounce further to at 3.43137. It is worth noting that price continues to trend above the Ichimoku cloud, which indicates bullish pressure.

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