Bollinger band reading : side way downside biased.
MACD Histrogram : weakening, seller staying.
Support : 2370, 2350, 2330 level.
Resistant : 2400, 2450, 2470 level.
Comment :
FCPO managed to registered a positive closed in lesser volume traded after less encouraging export data released. Daily chart outlook remained unchanged with a side way range bound downside biased reading after tested lower support level.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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