Based on the daily chart analysis, I expect aluminium to move upside max towards 114.00.
Upside:
If aluminium breaks 110.30, next immedidate target is 111.2, 112, 113, 115. For further upside movement, aluminium needs to break 114.
Downside:
If 110.30 resists, we could see price retracement towards 109.20, 108.40, 108. If it breaks 107.6 level, we can see 106.70 on the downside.
Further levles will be updated based on the market movement in the coming days.
Upside:
If aluminium breaks 110.30, next immedidate target is 111.2, 112, 113, 115. For further upside movement, aluminium needs to break 114.
Downside:
If 110.30 resists, we could see price retracement towards 109.20, 108.40, 108. If it breaks 107.6 level, we can see 106.70 on the downside.
Further levles will be updated based on the market movement in the coming days.
