![](/files/my/blog/img/bl3939_fcpo070818.png)
7/8/2018
*FCPO Oct 18*
Previous Close: 2206 +10
FCPO closed slightly higher at above 2200 as tracking gains in related edible oils. Watch out for MPOB data for July 2018. Not much changes in Dalian & US soyoil, expect FCPO to move in flat 1st.
Hourly chart showed FCPO entered sideway, wait for breakout.
*Classic Support & Resistance*
Resistance: 2233 2272
Support: 2176 2140
*Recommend Trading Plan for the day:*
1. Trade in range 2176-2233.
*FCPO Margin Requirement*
Overnight MYR 4500
Spread MYR 1200
Disclaimer: Idea sharing only, trade at your own risk.
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