Palm | Kelapa Sawit

Market pulled back a little after the recent sharp fall. However, bear may attack anytime after fully re-charge from the short break. Hence, we maintain our view sideways to bias downside potential in near term. We are looking for the immediate downside support at USD 66.11 followed by 65.23. To the upside, immediate resistance is adjusted to 69.71-69.83 followed by 71.25-71.37.