- Copper has been rejected at 50-DMA and has edged lower to currently hovers around minor support by 5-DMA at 2.6550.
- We see the pair trading in a downward sloping channel, and break below 5-DMA adds downside.
- We have evidenced a bearish RSI divergence which keeps downside bias intact.
- Momentum studies are neutral, break above major resistance at 2.675 (trendline and 50-DMA) could see test of 2.767 (Mar 1 high).
- On the flipside break below 100-DMA could see scope for test of 2.485 (trendline support).
Support levels - 2.6550 (5-DMA), 2.6358 (cloud base), 2.6232 (100-DMA), 2.485 (trendline)
Resistance levels - 2.6752 (50-DMA), 2.686 (March 29 high), 2.70, 2.7151 (cloud top)
Recommendation: Good to go short on rallies around 2.680, SL: 2.720, TP: 2.635/ 2.620/ 2.590/ 2.560


FxWirePro: GBP/NZD remains bullish as rally continues
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: USD/CAD recovers slightly but trend is still bearish
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro- Major Crypto levels and bias summary
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 



