20/8/2019
*FCPO Nov 19*
Previous Close: 2156 -36
FCPO extended its losses yesterday as tracking weaker related edible oils. Watch out for Aug 1-20 CPO export & production data.
Hourly chart formed technical correction signal, close below 2150 to trigger more downside.
*Classic Support & Resistance*
Resistance: 2200 2240
Support: 2100 2060
*Recommend Trading Plan for the day:*
1. Sell 2151, stop 2159, profit 2143/2135/2127
*FCPO Margin Requirement*
Overnight MYR 3000
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