TECHNICALS-Shanghai copper biased to fall to 48,340 yuan
(WorldNews Business)

* For more Reuters technical analyses, please click SINGAPORE, Feb 22 (Reuters) - Shanghai copper is biased to break a support at 48,880 yuan per tonne and fall more to the next support at 48,340 yuan, as suggested by its wave pattern and a Fibonacci retracement analysis. For a chart: http://tmsnrt.rs/2lK7WZf These supports are identified respectively as the 38.2 percent and the 50 percent Fibonacci retracements of the uptrend...