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April 30, 2021 at 03:14PM

• Copper broke resistance level 435.00

• Likely to rise to resistance level 470.00

Copper recently broke the key resistance level 435.00 (top of the previous impulse wave 1 from February).

The breakout of the resistance level 435.00 accelerated the active minor impulse wave 3 of the intermediate impulse wave (5) from January.

Copper is likely to rise further toward the next resistance level 470.00 (target price for the completion of the active impulse wave (5)).

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From: The FxPro News Team https://fxpro.news/technical-analysis/copper-wave-analysis-30-april-2021-20210430/
Selected by fonecable.com

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