FCPO traded 5 points lower to closed at 2490 after market opened lower, reaching the high at 2510 and retreated. Hourly chart, Bollinger band reading suggesting a side way range bound market. MACD Histrogram turned just slightly higher hints that only moderate buying activities participated in the market. Despite price broken up from the downward channel, market still trading within the plotted horizontal line range with immediate support at 2483 and resistant at 2521 level.
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