Bollinger band reading : downside biased.
MACD Histrogram : getting lower, seller still in.
Support : 2500, 2470, 2450 level.
Resistant : 2521, 2550, 2570 level.
Comment :
12 points range FCPO traded weaker in low volume changed hand following lower souy oild futures price development. Hourly chart shows that market is likely to trade within a side way range bound downside biased channel.
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