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[SMM Nickel Morning News] Lunni showed an overall concussive downward trend yesterday and followed up on its 5 / 10-day moving average under pressure.
Apr 2,2020 08:48CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, April 2-

Lunni opened at $11435 / tonne yesterday. In the afternoon, Lunni's center of gravity fluctuated around US $11400 / tonne. In the afternoon, the dollar index rose sharply. Lunni all the way down through the 5 / 10 moving average resistance to 11250 US dollars / tonne. At night, it was supported and rebounded all the way up to the 5-day moving average. At the end of the day, it again came under pressure to fall back to a daytime low of $11250 / tonne, and finally closed at $11260 / tonne. The settlement price fell $210 / tonne, or 1.83%, from the previous session, with positions reduced by 584 hands to 5055 hands and trading volume by 1645 hands to 227179 hands. Lunni closed in the small negative column yesterday, the overall downward trend, K column down below the 5 / 10 EMA support, today Lunni opened at 11260 US dollars / ton, follow-up attention to Lunni pressure 5 / 10 EMA operation.

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