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Key levels to watch on US crude and copper

Janet Yellen may have helped to push the USD lower and equities higher, however a number of key commodities are looking vulnerable.

Copper
Source: Bloomberg

Chris Weston takes a look at the key levels to watch and the trades to focus on.

  • US dollar basket – holding downtrend support
  • US crude (May) – eyeing a downside break of the recent trading range
  • High grade copper – price has now broken below the March trading range

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