FCPO Updates

Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 3/10/2019 - Entered range 2120-2180 wait for breakout

InvestorsDoctor
Publish date: Thu, 03 Oct 2019, 10:55 AM
InvestorsDoctor
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3/10/2019

*FCPO Dec 19*

Previous Close: 2141 -26

FCPO closed slightly lower in tight range yesterday.

Hourly chart in range of 2120-2180, wait for more breakout.

*Classic Support & Resistance*
Resistance: 2180 2230
Support: 2080 2050

*Recommend Trading Plan for the day:*
1. Sell 2118, stop 2126, profit 2110/2102

*FCPO Margin Requirement*
Overnight MYR 3000

Disclaimer: For idea sharing only, trade at your own risk

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