Thursday, January 28, 2010

FCPO Daily: 2400 levels tested!


Market rebounded after tested the 2400 physiological support levels at intra-day basis. Nevertheless, the overall immediate technical landscape still in negative mode and looks may continue to move lower in near term. As for now, we continue to look for the immediate support at 2370-2360. While, upside resistance is pegged at 2458-2460 (gap left over on 26/1/2010).