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Chart - Courtesy Trading View
Copper was trading 0.96% higher on the day at 4.3650 at around 10:40 GMT, after closing 0.12% lower in the previous session.
Benchmark copper prices rose on Tuesday, as the U.S. dollar lost ground amid improving risk sentiment.
Federal Reserve policymakers allayed investor fears of a rapid pace of monetary tightening, supporting risk-on across markets.
Copper snapped a 4-day bearish streak and is extending gains after Doji formation in the previous session.
The pair is testing 5-DMA at 4.3775, break above finds next major resistance at 200-DMA at 4.384.
Major trend in the pair has gone neutral. Retrace above 200-DMA will see upside resumption.
