Bollinger band reading : side way range bound.
MACD Histrogram : weaker, seller still in control.
Support : 2570, 2550, 2521 level.
Resistant : 2590, 2620, 2650 level.
Comment :
Moderate volume FCPO eased lower within a tight 22 points range market ignoring a higher overnight soy oil futures price. Hourly chart reading still recommending a side way range bound market with a little downside biased as seller has yet to leave the market plus lack of buying interest from buyer.
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