Bollinger band reading : upside biased with possible pullback correction.
MACD Histrogram : stay at positive zone but not much movement, mild buying activities by buyer.
Support : 2550, 2521, 2500 level.
Resistant : 2570, 2600, 2620 level.
Comment :
FCPO continue to trade firmer this morning and reach 11 day high as long position stop covering triggered within minutes after opening. Hourly chart reading favour a potential upside biased market with possible temporary pullback correction.
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