Bollinger band reading : range bound upside biased.
MACD Histrogram : weakening, buyer taking partial profit.
Support : 2620, 2600, 2570 level.
Resistant : 2650, 2670, 2700 level.
Comment :
17 points tight range market FCPO ended first session unchanged in moderate volume transaction as buyer seems to lock in profit after yesterday surged. Hourly chart wise, price opened and traded range bound consolidating within upside biased market.
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