![](/files/my/blog/img/bl3939_cpo070319.png)
7/3/2019
*FCPO May 19*
Previous Close: 2157 -4
FCPO settled in flat range as an industry conference pointed a mixed outlook for CPO prices. Related edible oils declined on this morning, FCPo may test support level 1st.
Hourly chart showed FCPO move within previous swing from 2115-2217, wait for breakout.
*Classic Support & Resistance*
Resistance: 2178 2217
Support: 2115 2093
*Recommend Trading Plan for the day:*
1. Trade in range 2140-2180.
*FCPO Margin Requirement*
Overnight MYR 4000
Spread MYR 1200
Disclaimer: Idea sharing only, trade at your own risk.
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