![](/files/my/blog/img/bl3939_cpo270619.png)
27/6/2019
*FCPO Sep 19*
Previous Close: 1966 -15
FCPO ended the day with losses again, touch its lowest since Nov 2018 on weaker demand data. Related edible oils are slightly lower this morning, FCPO likely to continue its sideway to lower trend.
Hourly chart showed FCPO break down from short term support with lower lows, more to bearish.
*Classic Support & Resistance*
Resistance: 2012 2059
Support: 1940 1860
*Recommend Trading Plan for the day:*
1. Sell 1952, stop 1960, profit 1944/1936
*FCPO Margin Requirement*
Overnight MYR 4000
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