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Sunday, August 18, 2024

fcpo 16082024

 FCPO lost the 3700 level due to weakness in CBOT, particularly as soybean oil broke down below the 38 level during Asia trading hours. While the overnight soybean oil rebound is a positive sign, FCPO's ability to challenge 3730 on Monday will depend on continued strength in soybean oil, stability in CBOT, and market sentiment.


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