Thursday, January 7, 2010

FCPO Daily: May challenge 2800 levels.


Market is getting closer to challenge the 2800 levels following prices manage to stay above at 2700 levels. Thus as for now, immediate upside resistance is pegged at 2730-2760 followed by 2800 levels. To the downside, support is lies at 2665-2675 followed by 2600-2580 levels.