Malaysian Palm Oil Product Technical Chart and Analysis 21st June 2017

KPO 1707 extended its decline on Tuesday to close at $2587.0. If the decline continues, the initial target will be at $2552.7 which could later extend to $2545.0. However, any upward movement will find resistance level at $2608.0. The MACD has continued to move down, supporting a negative view.

 

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