FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
JPY Action Bias: Bullish Pairs to Watch Out For 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
Chart - Courtesy Trading View
Technical Analysis: Bias Bearish
- Copper was trading 1.20% lower on the day at 4.64 at around 13:00 GMT
- Price action has broken below 50-DMA and daily cloud support raising scope for further downside
- The pair is extending weakness for the 2nd straight session, closed 2.19% lower in the previous session
- RSI has slipped below 50 mark, bias is lower, MACD and ADX support weakness
- Price action has slipped below 200H MA and GMMA indicator has turned bearish on the intraday charts
Support levels - 4.550 (110-EMA), 4.433 (200-DMA)
Resistance levels - 4.699 (21-EMA), 4.716 (20-DMA)
Summary: Copper poised for further downside, scope for dip till 110-EMA at 4.550.
