![](/files/my/blog/img/bl3939_cpo120619.png)
12/6/2019
*FCPO Aug 19*
Previous Close: 2007 +13
FCPO climbed back to above 2000 level yesterday ahead of MPOD data day. Watch out for MPOB May 19 today. Related edible oils are slightly lower this morning, may limit upside of FCPO.
Hourly chart showed FCPO rebounded from support to avoid double top bearish pattern, trend move into sideway, wait for more breakout.
*Classic Support & Resistance*
Resistance: 2075 2115
Support: 1940 1900
*Recommend Trading Plan for the day:*
1. Trade in range 1990-2020
*FCPO Margin Requirement*
Overnight MYR 4000
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