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News & Press: Industry News

LME aluminium to test support at $1,895

Wednesday, June 11, 2014  
Posted by: Alisa Allen
LME aluminium is expected to test a support at $1,895 per tonne, as it has failed to break a resistance at $1,920. The resistance and the support are identified as the 61.8 percent and the 76.4 percent Fibonacci projection levels of an upward wave c, which started at the June 4 low of $1,815.

http://www.brecorder.com/markets/commodities/asia/177528-lme-aluminium-to-test-support-at-$1895.html


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