Copper fell for a fifth session, the longest slump since February, as signs of faltering growth in countries using the euro added to concern that the region’s fiscal woes will hamper global economies and metals demand. Copper dropped 12 percent in May as Europe’s intensifying debt crisis damped demand prospects. Copper futures for July delivery fell 0.5 percent to $3.289 a pound at 1:18 p.m. on the Comex in New York. If copper sustains below the level of 404 we can see the level of 400 today, and above 411 it can touch the level of 415.
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