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Copper wins nearly 3.0% on production cuts Overbought signals detected around key resistance Copper futures (May delivery) surged to an almost one-year high of 4.04 on Wednesday after China’s biggest producers agreed on a rare supply cut amid raw material shortages. Technically, the 61.8% Fibonacci retracement of the 2023 downtrend is currently under examination. A step […]

The post Copper Rises Rapidly to 11-Month High appeared first on Action Forex.

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