FXStreet reports that Credit Suisse discusses copper prospects.

“Copper strength looks to have peaked near-term and with a bearish weekly RSI divergence in place we continue to look for a consolidation/corrective phase to emerge. This though will be seen as a healthy and overdue phase following the impressive rally of the past year.” 

“Post a consolidation we will then look for a resumption of the uptrend back to and then above the current cycle high at $9617. We would then see resistance next at the psychological $10000 resistance level and eventually the key high of 2011 at $10190.”