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FxWirePro: Copper holds 200-DMA support, weakness only on break below

Copper chart - Trading View Copper was trading 1.04% higher on the day at 2.61 at around 06:30 GMT. The pair is extending sideways grind along 200-DMA support. Bias still bullish. Break below 200-DMA will open downside i…

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FxWirePro: Copper holds 200-DMA support, weakness only on break below
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Copper chart - Trading View 

Copper was trading 1.04% higher on the day at 2.61 at around 06:30 GMT.

The pair is extending sideways grind along 200-DMA support. Bias still bullish.

Break below 200-DMA will open downside in the pair. Dip till next major support at 55-EMA then likely.

Price is extending gains in 'Rising Channel' pattern. Resumption of upside eyes channel top at 2.67
 

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