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Technical Forecast for Aluminium

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Technical Forecast for Aluminium

 

Aluminium tested resistance at 1845/50 & could push above 1860 today & reach for 1880/85. This could hold the bounce so a high for the day is possible but shorts need stops above 1895.
 
Failure to beat 1845/50 risks a slide towards Wednesday’s low at 1821 & possibly May lows at 1809 but we would look for a bounce from here.

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