![](/files/my/blog/img/bl3939_cpo080119.png)
8/1/2019
*FCPO Mar 19*
Previous Close: 2160 -12
FCPO traded in tight range yesterday as market stay cautious ahead of MPOB data. Related edible oils drop slightly this morning, expect FCPO to continue move in range.
Hourly chart showed FCPO move in range 2090-2200, close above 2200 to trigger more upside.
*Classic Support & Resistance*
Resistance: 2200 2265
Support: 2144 2093
*Recommend Trading Plan for the day:*
1. Trade in range 2140-2200, wait for breakout.
*FCPO Margin Requirement*
Overnight MYR 4500
Spread MYR 1200
Disclaimer: Idea sharing only, trade at your own risk.
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