• 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)).