COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-440 R1-434 S1-422 S2-416
Copper dropped on profit booking after rallying on news that China's central bank was providing fresh stimulus to jump-start its economy.
PBOC injected $82 billion into the country's largest banks to counter a slowdown amid sluggish foreign direct investment and industrial output in August.
Fed announced that interest rates are likely to stay low for a “considerable time” after it ends its bond-buying program in October.
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