Bollinger band reading : range bound upside biased.
MACD Histrogram : getting lower, buyer taking profit.
Support : 2400, 2370, 2350 level.
Resistant : 2450, 2470, 2500 level.
Comment :
Lower export figure release lead FCPO to ease slightly lower in moderate volume traded. Hourly chart opened unchanged and traded side way range bound with 16 points range market doing consolidation with the reading suggesting a correction range bound upside biased market.
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