Hi traders,
CPO ended lower on Monday at 3730lvl with high volume traded. Another bearish candle formed. CPO seems to test 3700-3750 level. CPO may upside bias if open > 3770-3785 and close > 3780. It looks like CPO in bearish tone if below 3750. If open below <3750 the bearish tone may take place. Major trend is upside bias with pullback corrections. If CPO breakout 3800lvl, the trend may continue for strong bullish tone towards 4000. I'm expecting CPO may play 3700-3780 today. Pls take your position nicely...
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