Monday, April 6, 2009

FCPO Weekly: Firm support at 2000 mark


Market surged after violated the previous high at 2058. A long white candle printed had definitely beautify the whole weekly landscape. Thus, market likely to move higher in near term. As for now, we look for the upside resistance at 2200-2300. While, downside support is pegged at 2000 followed by 1900-1890.