Bollinger band reading : downside biased.
MACD Histrogram : recovering, buyer and seller testing market.
Support : 1360, 1350, 1345 level.
Resistant : 1375, 1385, 1395 level.
Comment :
FKLI eased lower in thin trading volume having a hard time deciding which direction to move towards to with regional markets having mixed development. Hourly chart wise, market opened lower and tested below support level but buyer came in to support the market back to above support level but nevertheless the outlook is showing a downside biased reading market development.
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