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COPPER FUTURES TECHNICAL ANALYSIS: WEEKLY CHART

In the weekly charts, Copper Futures was trading in a down channel. Copper Futures is currently trading above all SMA except MA (50).

RSI is in the buying zone which indicates bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 3.600 & the resistance level is at 4.000

Copper Futures was traded in a down channel before there is an upside breakout. 

COPPER FUTURES TECHNICAL ANALYSIS: DAILY CHART

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