Iron Ore DCE September Daily Technical Review 22/07/22

Verdict – Short-term neutral to bullish.   DCE iron ore September intra-day high was resisted below 694.5, which used to be a boundary of previous gap. The low was supported by strong supporting level from 633.5 – 640.0. Daily MACD potentially create gold cross, led by daily CCI which left bearish territory. A breakthrough on …