Palm oil may test support at 4,788 ringgit
Palm oil (FCPOc3) may test support at 4,788 ringgit per metric ton, driven by a wave c.A projection analysis reveals that this wave has travelled far below its 61.8% projection level of 4,876 rniggit. It is highly likely to extend to 4,788 ringgit, the 100% level.Immediate resistance is at 4,843 ri…