Type: Bearish MomentumKey Levels:Resistance: 768.05Pivot: 760.90Support: 738.5Preferred Case:On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from the pivot at 760.90 in line with the overlap resistance and 61.8% fibonacci projection to the 1st support at 738.5 in line with the horizontal swing low.Alternative Scenario:Alternatively, price may rise from the pivot to the overlap resistance at 768.05 in line with the 38.2% fibonacci retracement .Fundamentals:No major news
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/copper1-h4-potential-for-bearish-continuation"
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