Sunday, April 18, 2021

MCX crude palm oil settles near lifetime high; expert suggests buy-on-dips strategy

MCX crude palm oil settles near lifetime high; expert suggests buy-on-dips strategy The agri commodity has been trading higher than 5, 20, 50, 100 and 200 days̢۪ moving averages on a daily chart. The momentum indicator Relative Strength Index (RSI) is at 63.24, which indicates bullish movement in the prices.

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