![](/files/my/blog/img/bl3939_cpo100619.png)
10/6/2019
*FCPO Aug 19*
Previous Close: 2028 -28
FCPO settled slightly lower ahead of MPOB data. Related edible oils drop further this morning, FCPO may test support level 1st. Watch out for June 1-10 CPO export data & MPOB May data.
Hourly chart showed FCPO in a sideway to lower trend, close below 2000 psychological level to trigger more downside.
*Classic Support & Resistance*
Resistance: 2115 2179
Support: 1960 1900
*Recommend Trading Plan for the day:*
1. Sell 2022, stop 2029, profit 2015/2008
*FCPO Margin Requirement*
Overnight MYR 4000
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