TECHNICALS-Palm oil may retest support at 3,843 ringgit

* For more technical analyses, please click TECH/C SINGAPORE, June 27 (Reuters) - Palm oil FCPOc3 may retest support at 3,843 ringgit per metric ton, as suggested by a retracement analysis. The support is identified as the 76.4% retracement of the uptrend from the May 10 low of 3,767 ringgit. Given that so much of the rise from this low has been reversed, market is highly likely to revisit 3,767 ringgit. A break above 3,889 ringgit may trigger a gain into the 3,927-3,965 ringgit range. * Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. ** No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult their own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ cpo https://tmsnrt.rs/4cCOTWx ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Reporting by Wang Tao; Editing by Sherry Jacob-Phillips ) (([email protected]; +65 6973 8364/9188 4196)) ((If you have a query or comment on this story, send an email to [email protected].))