Copper is approaching resistance, potential reversal!

٧ أكتوبر ٢٠٢٠

Price is approaching our first resistance, in line with our 61.8% fibonacci retracement and 78.6% fibonacci extension, where we could see a reversal below this level, towards 1st support at 2.85637. Stochastic is approaching resistance as well.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.