Technical Analysis For Aluminium Today 11-07-2019 21:00:03
In 1 hour chart Aluminium price continues to trade at 142.55 and above the (Exponential Moving Average)EMA200 value of 142.433 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Buy overview conditioned by the price stability above
However, if Aluminium continues to trade above level, that could be an extraordinarily Bullish sign for Aluminium
Even so, the 200-candle Exponential moving average (EMA) price range of 142.433 is proving a tough nut to crack.
Pivot (invalidation): 143.717
Our preference: Long positions above 144.783
Alternative scenario: Below 143.083 look for further downside.
Support Resistance Levels For Aluminium Today at 11-07-2019 21:00:03
Pivot: 143.717
Resistance 1: 144.783
Resistance 2: 145.417
Resistance 3: 146.483
Support 1: 143.083
Support 2: 142.017
Support 3: 141.383
Yesterday High Low Close For Aluminium
Yesterday High: 144.35
Yesterday Low: 142.65
Yesterday Close: 144.15
Today at 11-07-2019 21:00:03 Aluminium trading at 142.55 with high of 144.05 and low of 142.3
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