Technical Analysis For Aluminium Today 15-07-2019 14:00:03

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In 1 hour chart Aluminium price continues to trade at 142.6 and above the (Exponential Moving Average)EMA200 value of 142.398 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy 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 142.398 is proving a tough nut to crack.

Pivot (invalidation): 142.25

Our preference: Long positions above 142.95

Alternative scenario: Below 141.7 look for further downside.

Support Resistance Levels For Aluminium Today at 15-07-2019 14:00:03

Pivot: 142.25

Resistance 1: 142.95

Resistance 2: 143.5

Resistance 3: 144.2

Support 1: 141.7

Support 2: 141

Support 3: 140.45

Yesterday High Low Close For Aluminium

Yesterday High: 142.8

Yesterday Low: 141.55

Yesterday Close: 142.4

Today at 15-07-2019 14:00:03 Aluminium trading at 142.6 with high of 142.8 and low of 142.4

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