Bollinger band reading : downside biased with pullback correction.
MACD Histrogram : getting lower, seller in control.
Support : 2270, 2250, 2230 level.
Resistant : 2300, 2330, 2350 level.
Comment :
FCPO market continue to trade in negative breath as market tested lower support level followed by partial profit taking activities lifted price upward to closed just slightly lower. Hourly chart shows a taking place pullback correction with still a downside biased market reading.
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