Bollinger band reading : side way.
MACD Histrogram : weakening, buyer not interested.
Support : 2440, 2400, 2370 level.
Resistant : 2470, 2500, 2521 level.
Comment :
FCPO traded lower with low volume changed hand due to weaker soy oil futures price. Market trade range bound mostly in the first session following pre closing selling pushed price to closed at the low. Technically, hourly chart remained neutral and side way range bound with testing of support and resistant market likely.
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