Hi traders,
Today CPO open 2354 and slides down to 2338, the lowest of 2010 level. It then closed at 2373 due to bullish crude oil & soyoil during Asian trading hour. However CPO long term trend still downside bias and may test 2350 tomorrow if open < 2360-2364 and close < 2350. But CPO may upside bias tomorrow if open > 2364-2372 and close >2373.
Thanks
Just my 2cents
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