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Copper






9/12/2014 7:29:08 AM

Copper - Technical Analysis: Friday, 12/09/2014 11:29 GMT



The ascending channel’s support line was broken, and the trading is organized inside an intraday descending channel.

 

Clear negativity comes from the exponential moving average 50 and stochastic, to reinforce the chances of continuing the bearish trend for the upcoming period.


Target
Risk


Support
Resistance


Trend Bearish

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