![](/files/my/blog/img/bl3939_cpo160719.png)
16/7/2019
FCPO Oct 19
Previous Close: 1988 +15
FCPO settled slightly higher yesterday on the back of recovering Jul 1-15 CPO export, yet overall in a very tight range. Watch out for Jul 1-15 Sppoma production data.
Hourly chart showed FCPO in a sideway to lower trend, but be cautious of potential RSI bullish divergence.
Classic Support & Resistance
Resistance: 2000 2030
Support: 1970 1940
Recommend Trading Plan for the day:
1. Trade in range 1940-2000
FCPO Margin Requirement
Overnight MYR 4000
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