FCPO Updates
Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 18/12/2019 Sideway to higher, 2930 or 2850 wait for breakout
InvestorsDoctor
Publish date: Wed, 18 Dec 2019, 10:02 AM
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18/12/2019
*FCPO Mar 20*
Previous Close: 2878 +3
FCPO failed to hold above higher high and back into range.
Hourly chart in sideway to higher trend, 2930 or 2850 wait for more breakout.
*Classic Support & Resistance*
Resistance: 2930 2960
Support: 2850 2790
*Recommend Trading Plan for the day:*
1. Trade in range 2850-2930
*FCPO Margin Requirement*
Overnight MYR 4000
Disclaimer: For idea sharing only, trade at your own risk
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