Copper and aluminum futures held steady, the rebound will depend on whether the US dollar will decline

Three-month composite trading closing support resistance at 14th RSI on the 10th MA 30th MA period copper 2961 * 2920 * 3020 * 42 * 3025 * 3018 aluminum 1810 * 1775 * 1845 * 36 * 1868 * 1845 Reuters London January 11 NEC, an analyst and trader, said on Tuesday that the London Metal Exchange (LME) base metal price is expected to be limited to range volatility in the near term, but if the US dollar strengthens against the euro, the price may fall even further. BaseMetals.com Analyst Adams told Reuters: "The main influence factor is the trend of the US dollar. After the sell-off at the beginning of the year, the base metal price has begun to rebound." He said: "But from the technical chart point of view, we are beginning to form a flag-type structure, suggesting that it will fear weakening. A further strengthening of the US dollar may be the trigger for this." 0748GMT, three-month copper for 2,965/70 US dollars; 0750GMT, three-month aluminum for 1,816/19.

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