• Copper broke key resistance level 370.00
• Likely to rise to resistance level 390.00
Copper recently broke through the key resistance level 370.00 (which stopped the earlier sharp upward impulse wave 1 at the start of January).
The breakout of the resistance level 370.00 accelerated both of the active impulse waves (iii) and 3 – which belong to wave (5) from October.
Copper is likely to rise further toward the next resistance level 390.00 (target price for the completion of the active impulse wave (iii)).
This Review is presented by FxPro.
For all Articles related to Fxpro please click here