Bollinger band reading : upside biased.
MACD Histrogram : rising, buyer in control.
Support : 2570, 2550, 2520 level.
Resistant : 2600, 2620, 2650 level.
Comment :
18 points range market, thin volume traded FCPO closed for lunch higher following a firmer soy oil and crude oil overnight price. Hourly chart shows market opened and and trying to test higher resistant level with the outlook recommending a upside biased market reading.
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