Aluminium Trend Today Technical Analysis for 13-02-2020 11:00:03

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In 1 hour chart Aluminium price continues to trade at 138.05 and below the (Exponential Moving Average)EMA200 value of 138.586 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 138.586 is proving a tough nut to crack.

Pivot (invalidation): 138.133

Our preference: Long positions above 138.667

Alternative scenario: Below 137.667 look for further downside.

Support Resistance Levels For Aluminium Today at 13-02-2020 11:00:03

Pivot: 138.133

Resistance 1: 138.667

Resistance 2: 139.133

Resistance 3: 139.667

Support 1: 137.667

Support 2: 137.133

Support 3: 136.667

Yesterday High Low Close For Aluminium

Yesterday High: 138.6

Yesterday Low: 137.6

Yesterday Close: 138.2

Today at 13-02-2020 11:00:03 Aluminium trading at 138.05 with high of 138.1 and low of 137.8

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