FCPO closed 40 points lower right at the support level at 2521 due to the impact of stronger US dollar. Price ended at the lower Bollinger band and the band width started to turned outward = market sentiment has turned negative with furhter downside possible. MACD Historgram falled lower = most trader covered their long position to avoid further downside risk. Market tested the low of 2515 but managed to hold itself right at the 2521 support level at closed of the first session shows the significant of this support level but with the heavy selling forces today, a further downward movement is likely should this level of support being broken.
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