OREANDA-NEWS. March 11, 2015. LME aluminium faces a resistance at \\$1,790 per tonne, a break above which will lead to a further gain to \\$1,811. The metal failed to break a support at \\$1,776, the 86.4 percent Fibonacci retracement on the uptrend from the Jan. 14 low of \\$1,757 to the Feb. 3 high of \\$1,898.

The support has triggered a bounce, which may end around the 76.4 percent level at \\$1,790. A rise to \\$1,793 may confirm both a break above this barrier and the target at \\$1,811, the 61.8 percent level.

A break below \\$1,776 will lead to a further loss to \\$1,757.