Aluminium Trend Today Technical Analysis for 11-02-2020 22:00:04


In 1 hour chart Aluminium price continues to trade at 138.15 and below the (Exponential Moving Average)EMA200 value of 138.692 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy 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 138.692 is proving a tough nut to crack.

Pivot (invalidation): 136.75

Our preference: Long positions above 137.7

Alternative scenario: Below 135.5 look for further downside.

Support Resistance Levels For Aluminium Today at 11-02-2020 22:00:04

Pivot: 136.75

Resistance 1: 137.7

Resistance 2: 138.95

Resistance 3: 139.9

Support 1: 135.5

Support 2: 134.55

Support 3: 133.3

Yesterday High Low Close For Aluminium

Yesterday High: 138

Yesterday Low: 135.8

Yesterday Close: 136.45

Today at 11-02-2020 22:00:04 Aluminium trading at 138.15 with high of 138.15 and low of 136.45

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