Copper to climb from upside confirmation, potential bounce!
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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Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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