Bollinger band reading : upside biased.
MACD Histrogram : getting higher, buyer in control
Support : 2450, 2400, 2370 level.
Resistant : 2470, 2500, 2530 level.
Comment :
FCPO rally to higher ground with extreme high volume changed hand as Ramadan season is near lead to higher demand with lower stock supply condition. Hourly chart shows price continue to surge upward following upper Bollinger band expansion pace breaking another resistant level with the reading still suggesting an upside biased market.
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