FxWirePro: Bullish bias builds in copper after break above 20-DMA, good to go long on dips

• Copper breaks above 20-DMA at 2.548.
   
• Technical studies have turned bullish.
  
  -RSI moves above 50
  - Stochs rollover from oversold, biased higher
  - MACD is on verge of a bullish crossover on signal line
   
• The pair finds major resistance at 5.90 (23.6% Fib of 2.064 to 2.752 rally).
   
• Break above 2.590 to see test of 2.660 (Upper Bollinger band).
   
• Failure to close above 20-DMA at 2.548 invalidates our bullish call.
   

Recommendation: Good to go long on dips around 2.560, SL: 2.520, TP: 2.590/ 2.660/ 2.685