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FCPO Updates

Author: InvestorsDoctor   |   Latest post: Fri, 15 Nov 2019, 9:55 AM

 

Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 8/10/2019 - Entered range 2120-2180 wait for breakout

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8/10/2019

 
*FCPO Dec 19*
 
Previous Close: 2160 +11
 
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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