![](/files/my/blog/img/bl3939_cpo040918.png)
4/9/2018
*FCPO Nov 18*
Previous Close: 2257 +9
FCPO settled higher on yesterday as supported by weaker MYR and recovering export. Dalian palm olein up more than 1%, FCPO may gap up and test resistance.
Hourly chart showed FCPO close above 2265 to trigger further up signal.
*Classic Support & Resistance*
Resistance: 2272 2316
Support: 2214 2176
*Recommend Trading Plan for the day:*
1. Buy 2266, stop 2256, profit 2276/2286.
*FCPO Margin Requirement*
Overnight MYR 4500
Spread MYR 1200
Disclaimer: Idea sharing only, trade at your own risk.
Join our channels to find out more!
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link: https://m.facebook.com/investorsdoctoracademy