Aluminium Trend Today Technical Analysis for 13-02-2020 21:00:04


In 1 hour chart Aluminium price continues to trade at 138.75 and above the (Exponential Moving Average)EMA200 value of 138.539 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 138.539 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 21:00:04

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 21:00:04 Aluminium trading at 138.75 with high of 138.95 and low of 137.65

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