Bollinger band reading : side way little upside biased.
MACD Histrogram : reversed downward, seller retreat.
Support : 2400, 2370, 2340 level.
Resistant : 2450, 2470, 2500 level.
Comment :
FCPO traded marginally higher in light volume. Overnight recover soy oil price lead to a higher opening price but didn't lasted long as selling pressure follow due to a dropped in export figures release by ITS cargo surveyor. Hourly chart suggesting a side way range bound correction market.
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