Bollinger band reading : side way downside biased.
MACD Histrogram : recovering, seller reduce exposure.
Support : 2521, 2500, 2470 level.
Resistant : 2550, 2570, 2590 level.
Comment :
21 points range FCPO traded marginally higher in recovery mode but in volume changed hand. Hourly chart suggesting a downside biased market with temporary side way correction as a result of last Friday drastic selling and closed below the Bolliger band level.
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