Technical Analysis For Aluminium Today 22-07-2019 12:00:03

In 1 hour chart Aluminium price continues to trade at 142.55 and below the (Exponential Moving Average)EMA200 value of 142.857 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Aluminium continues to trade below level, that could be an extraordinarily Bearish sign for Aluminium

Even so, the 200-candle Exponential moving average (EMA) price range of 142.857 is proving a tough nut to crack.

Pivot (invalidation): 143.35

Our preference: Long positions above 144.3

Alternative scenario: Below 142.3 look for further downside.

Support Resistance Levels For Aluminium Today at 22-07-2019 12:00:03

Pivot: 143.35

Resistance 1: 144.3

Resistance 2: 145.35

Resistance 3: 146.3

Support 1: 142.3

Support 2: 141.35

Support 3: 140.3

Yesterday High Low Close For Aluminium

Yesterday High: 144.4

Yesterday Low: 142.4

Yesterday Close: 143.25

Today at 22-07-2019 12:00:03 Aluminium trading at 142.55 with high of 143.1 and low of 142.45

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