Aluminium Trend Today Technical Analysis for 14-02-2020 16:00:03


In 1 hour chart Aluminium price continues to trade at 138.55 and above the (Exponential Moving Average)EMA200 value of 138.568 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell 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 138.568 is proving a tough nut to crack.

Pivot (invalidation): 138.833

Our preference: Long positions above 140.017

Alternative scenario: Below 138.167 look for further downside.

Support Resistance Levels For Aluminium Today at 14-02-2020 16:00:03

Pivot: 138.833

Resistance 1: 140.017

Resistance 2: 140.683

Resistance 3: 141.867

Support 1: 138.167

Support 2: 136.983

Support 3: 136.317

Yesterday High Low Close For Aluminium

Yesterday High: 139.5

Yesterday Low: 137.65

Yesterday Close: 139.35

Today at 14-02-2020 16:00:03 Aluminium trading at 138.55 with high of 139.15 and low of 138.2

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