Bollinger band reading : upside biased.
MACD Histrogram : sliding lower, partial profit taking.
Support : 2620, 2590, 2570 level.
Resistant : 2650, 2670, 2700 level.
Comment :
FCPO opened at the high and follow by profit taking activities pushed price lower to ended the first session just 3 points higher with encouraging volume. Hourly chart outlook remained bullish with further upside potential but having said that market is still trading with the immediate support and resistant range since yesterday.
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