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FCPO Weekly: Sideways to bias downside potential

Posted by Flora Sawita Labels:


Market closed near the weekly low had dampened further the already weak technical outlook. Hence, market is likely to move in sideways to bias downside potential in near term. For now, immediate downside support is looking at 2100 followed by 2085-2060. To the upside, resistance is pegged at 2250-2300 followed by 2330-2350.

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