Futures Crude Palm Oil: Friday breakout to all time high?

٨ أغسطس ٢٠٢١

A clear and simple early indication by a MACD cross and RSI crossing the oversold region when attempting a breakout. Maybe in a short term target FCPO can reach up to RM4800/metric tan in future time. However, the price must break the all time high resistance at RM4530 to continue bullish momentum in the super-cycle period.