![](/files/my/blog/img/bl3939_cpo280519.png)
28/5/2019
*FCPO Aug 19*
Previous Close: 2025 +12
Bullish CPO export & production data lifted FCPO's prices yesterday. Related edible oils are slightly higher this morning, FCPO may continue to test rebound.
Hourly chart showed FCPO testing to close previous upside gap, with overall in a sideway 1960-2115.
*Classic Support & Resistance*
Resistance: 2044 2115
Support: 1960 1940 1900
*Recommend Trading Plan for the day:*
1. Look for buy signal above 2044
*FCPO Margin Requirement*
Overnight MYR 4000
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