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.
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.