0
0
May 06, 2021 at 03:59PM
• Copper broke resistance level 455.00
• Likely to rise to resistance level 480.00
Copper recently broke the minor resistance level 455.00 (which reversed the price in the last few trading sessions).
The breakout of the resistance level 455.00 accelerated the active impulse waves 3 and (5).
Given the strong daily uptrend – Copper is likely to rise further toward the next resistance level 480.00 (target price for the completion of the active intermediate impulse sequence (5)).
From: The FxPro News Team https://fxpro.news/technical-analysis/copper-wave-analysis-6-may-2021-20210506/
Selected by fonecable.com
Search Web: Copper Wave Analysis 6 May, 2021
Recent Posts
- Crude Oil Over Crypto
- US Dollar Price Action Setups pre-CPI: EUR/USD, GBP/USD, USD/JPY
- Cathie Wood & Ark: Insiders Aren’t Buying the Hype
- Breaking News: ECB Holds Rates, Setting up July and September for Fireworks
- Currency Carry Trade: What is it and how does it work?
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
