March 30 Copper Market Afternoon Review

The Suez Canal was officially opened to navigation
.
Biden will begin a roadshow
this week on the $3 trillion infrastructure plan.
On Friday, a US hedge fund liquidated its position, which could lead to an 80 billion loss of selling positions, and the market panic fermented
.
The dollar rose overnight, the euro yuan fell, the non-ferrous metal copper and aluminum retreated, and lead and zinc rose
.

Overnight, the copper rush fell back to the 20-day moving average under pressure to close slightly negative, opening slightly higher at $
8900 today.
Shanghai copper night trading slightly higher, narrow range shock closed doji, closed at 66470.
Shanghai copper trading decline position is relatively stable, market sentiment is neutral, below 65000 around the support is strong, but the rebound strength is insufficient, short-term continuation of shock, medium-term is still expected to continue to rise
.
Shanghai copper upper pressure 70000, lower support 65000
.
Today's international copper fell to 155 points compared with Shanghai copper, and the external market sentiment was not good
.