Copper Futures Slip after Failing to Break 50% Fibo

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<p>Copper prices on the retreat after hitting wall at 50% Fibonacci But head towards breakout from bullish pennant Near-term bias is neutral Copper futures (HGCOP) confirmed the formation of a bullish pennant pattern after failing to post a higher high on Wednesday. Advances were rejected for a second time by both the 50% Fibonacci retracement [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/537978-copper-futures-slip-after-failing-to-break-50-fibo/">Copper Futures Slip after Failing to Break 50% Fibo</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>