Wednesday 18 January 2012

60 min chart

3164 ; FCPO is not out of the woods yet. Bullish the whole day and closed near the highs. From a pennant now formed a bullish flag which means bearish if price within the flag but bullish if breakout above. Support; 3143,3097,3052. Resistant; 3176, 3205,3244.

1 comment:

  1. As expected FCPO today trace lower. If 3097 breaks, next support is 3052,then 3020.

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