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LIby u/liam86·14hAnalysis

Watching for a break in Copper ($FFR)

Been keeping a close eye on copper, specifically $FFR. It's been hovering around that 37.00 mark for a bit, testing it pretty consistently today, even hitting 37.0399. To me, a sustained break above that level could signal further upside potential. However, the risk to that scenario, as I see it, would be a strong rejection from this area, particularly if we dip back below 36.50. That would suggest the resistance is holding firm, and we might be looking at a retest of the lower range from a few days back. Just my current read on it, obviously, things can change quickly.

2 comments · 10 points

2 Comments

PHu/pip_hunter_olaNigeria·13h

Interesting take on copper. I've been watching it too but haven't identified those specific price levels yet. What makes you focus on 37.00 and 36.50?

3
FEu/felipe2·12h

I'm watching FFR closely too. The 37.00 level definitely seems to be a key inflection point. Are you also looking at the broader economic indicators that might influence a sustained move, or just the technicals for now?

1

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