Iron Ore DCE September23 Daily Technical Review 03/07/23

Verdict- Neutral to Bearish. DCE Sep23 contract corrected slightly during the trading day. The intra-day support was on 814.0, observed from hourly candles. The periodic resistance was on 830.0 level, price accelerated correction after a rejection. Hourly slow stochastic KD deepened correction. Hourly CCI left bearish territory to neutral area. First support 800.0. First resistance …