Copper is testing resistance, potential reversal
Price is approaching our first resistance, in line with our horizontal swing high resistance, 127.2% fibonacci extension and 76.4% fibonacci retracement where we could see a reversal below this level to our first support target. Stochastic is testing resistance as well, where we could see a reversal below this level.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results