Friday, December 24, 2010

Fcpo wrap....this week +162 ...and still strong


Quiet day….but commodity strong ahead of xmas weekend. US$ weakness. Fcpo supports at 3650 but did not make attempt at 3700. Same pattern like yesterday.

Above 3650, uptrend tone and a breakout of 3670 next week is likely to create a fresh run towards 3700-50.

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