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FCPO Updates

Author: InvestorsDoctor   |   Latest post: Wed, 13 Nov 2019, 9:58 AM

 

Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 7/10/2019 - Entered range 2120-2180 wait for breakout

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7/10/2019

 
FCPO Dec 19
 
Previous Close: 2149 +12
 
FCPO continue to move in tight range ahead of MPOB data. 
 
Hourly chart in range of 2120-2180, wait for more breakout.
 
Classic Support & Resistance 
Resistance: 2180 2230
Support: 2120 2080
 
 Recommend Trading Plan for the day: 
1. Trade in range 2120-2180
 
 FCPO Margin Requirement 
Overnight MYR 3000
 
Disclaimer: For idea sharing only, trade at your own risk
 
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