Crude Palm Oil Futures
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DAILY FCPO COMMENTARY

116
Comments:
FCPO had hits our 1st uptrend at 4260. There might have small retracement at 4260 level. However, FCPO remain UP trend if FCPO can stay above 4040 level.

Our preference:

LONG positions above 4260 level with targets at 4437 resistance level .

Alternative scenario:

A close below 4040 support level look for further downside with 3852 as target.

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