Wednesday, September 17, 2008

FCPO: physiological support at 2000 managed to defend?


Market violated the support at 2062 and sank to fresh year low again. We are watching closely on the physiological support at 2000. The next support will be followed by 1827 (low since Dec, 2006). For upside, resistance remained at 2180-2240 (gap left over on 16th Sept, 2008).