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DAILY FCPO COMMENTARY

DAILY FCPO COMMENTARY

Comments:
FCPO had reached our 1st and 2nd uptrend target. FCPO might have small retracement toward 4340 level. However, the underlines trend remains UP .

Our preference:

LONG positions above 4340 level with targets at 4532 resistance level .

Alternative scenario:

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

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