FCPO rebound yet its still not strong enough to change the immediate daily technical landscape. Market may look for a range to consolidate in near term. Currently, we look for the support at 2513. For upside, resistance is at 2675 followed by 2728-2767 (gap left over on 11th Aug, 2008).
Thursday, August 14, 2008
FCPO rebound after yesterday steep fall
FCPO rebound yet its still not strong enough to change the immediate daily technical landscape. Market may look for a range to consolidate in near term. Currently, we look for the support at 2513. For upside, resistance is at 2675 followed by 2728-2767 (gap left over on 11th Aug, 2008).
