Tuesday 10 December 2019

Aluminium Dec Daily Chart Has Formed "Falling Channel" Pattern

Aluminium Dec daily chart has formed "Falling channel" pattern. The last few sessions ended up in sideways trend along with some corrections inside the channel. 

The market is expected to continue on the bearish momentum based on the current price action, once the same breaks below a key support holding at 132. 

The downside rally could be testing all the way through 130-128 levels in the upcoming sessions. 

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