Bollinger band reading : side way range bound.
MACD Histrogram : recovering, buyer temporary in advantage.
Support : 2600, 2570, 2550 level.
Resistant : 2620, 2650, 2670 level.
Comment :
FCPO climbed higher with improved volume changed hand as market sentiment turned positive due to stronger demand from China plus a weaker US Dollar. Daily chart shows market continue to test higher resistant level in a consolidating side way range bound market development.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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