Commodity outlook by Tradebulls Securities: Buy aluminum, natural gas

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls:

The dollar index has retraced somewhat after FOMC meeting minutes which states that the Fed may pause increasing interest rates. The rollover effect was buying rush in equity and precious metals market. If we look at Indian rupee, it is expected to trade in the range of 71.80-70.80. 50% retracement of the recent swing high of 71.59 and low of 70.50 comes at 71.04 and if currency manages to sustain below that level, then we may see some more bullish trend. Otherwise, expect the currency to