Iron Ore DCE January24 Daily Technical Review 14/09/23

Verdict- Neutral.

DCE Jan24 contract maintain rangebound during the day as expected. A breakthrough on 867.5 potentially indicates a return to bullish in mid-run. Hourly MACD potentially create a dead cross. Hourly CCI fell from bullish territory to neutral area.

First support 840.0. First resistance 867.5.