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FCPO Week 20 2024 - Bearish.

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MYX_DLY:FCPO1!   Crude Palm Oil Futures
FCPO retraced but didn't go as far as expected. It's showing a bearish price action since middle of the week. For next week it is expected that bearish price action to continue. Shorting it will target the area of 3745 and 3721 as potential TP.
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