22/8/2019
*FCPO Nov 19*
Previous Close: 2208 +31
FCPO closed above 2200 level as boosted by stronger related edible oils. Dalian palm olein up more than 1% this morning, FCPO may continue to test rebound.
Hourly chart testing rebound to previous high around 2240 level, close above that level to trigger more upside.
*Classic Support & Resistance*
Resistance: 2240 2280
Support: 2150 2100
*Recommend Trading Plan for the day:*
1. Buy 2211, stop 2203, profit 2219/2227/2235
*FCPO Margin Requirement*
Overnight MYR 3000
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