FCPO Daily: Taking a break

Market took a little breathe after hit the recent high at 2628. Nevertheless, immediate technical outlook remains positive. As for now, we are looking for the immediate upside resistance at 2585-2598 (gap left over on 21/12/2009)followed by 2628 levels. While, downside support is lies at 2546-2539 (gap left over on 16/12/2009) followed by 2500-2480 levels.