At last look, soy oil futures is trading higher compare to last Friday 6pm. It has successfully break above the mid Bollinger Band and now stay near upper Bollinger Band = Bullish.
Bollinger Band width also expanding confirming that soy oil has break away from it sideway range bound market. It is also followed by MACD support that risen indication buyer are coming into the market. Bullish ! FCPO trader can take in opportinity to initiate long position by buying at break up or at support level. Short position should cut their losses.
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