Tuesday, September 15, 2009

FCPO Daily: Remains in bearish outlook


Market violated the physiological support at 2100 levels to end at day low had dampened further the already weak technical outlook. To the upside, resistance is looking at the 2119-2140 (gap left over on 14/9/2009). Downside support is pegged at 2060-2050 followed by 2030-2000.