FCPO Week 26 2024: Indecision.

Another week of consolidation for FCPO. The price remains range-bound, suggesting that without a decisive move higher or lower, FCPO is unlikely to make significant progress.

For range traders, consider going long at support levels and targeting resistance, or vice versa. For trend traders, it may be prudent to wait for clearer price action. A strong movement toward either support or resistance is necessary to establish a meaningful trend.