Bollinger band reading : range bound little downside biased.
MACD Histrogram : recovering, both buyer and seller testing market.
Support : 2520, 2500, 2470 level.
Resistant : 2550, 2570, 2600 level.
Comment :
Thin trading volume FCPO closed marginally lower in tight 18 points range market after opened unchanged and traded range bound. Hourly chart wise, market opened and traded along the middle Bollinger band level with the reading suggesting a range bound little downside biased reading.
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