Bollinger band reading : upside biased.
MACD Histrogram : rising higher, seller reducing exposure as buyer returned.
Support : 2300, 2270, 2250 level.
Resistant : 2330, 2350, 2370 level.
Comment :
Rebounding higher soy oil and crude oil futures price development lead FCPO to trade higher today in better volume transaction. Hourly chart reading shows that market opened and continue to climb upward testing higher resistant level with a upside biased market reading.
No comments:
Post a Comment