Copper could see further downside to our first support target

2020年10月8日

Price is facing bearish pressure from our first resistance, in line with our 78.6% fibonacci extension and horizontal swing high resistance, where we could see a reversal below this level, towards 1st support at 2.96299. Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.