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Daily Outlook For USD/SGD, USD/KRW and USD/IDR: January 30, 2013

Published 01/30/2013, 03:51 AM
Updated 01/01/2017, 02:20 AM
USD/SGD
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USD/KRW
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USD/IDR
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SLCL
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DAILY USD/KRW OUTLOOK - 1086.0
30 Jan 2013 06:03GMT...

Usd's intra-day rise to 1087.5 suggests pullback fm Mon's high at 1093.5 has made a low at 1078.8 today n further gain to 1090.0 is envisaged.

Stand aside n look to buy on dips tom. as only below 1078.8 risks weakness to 1076.4.

STRATEGY
Stand aside

RES
1087.5/1090.0/1093.5

SUP
1080.0/1078.8/1076.4
…………………………………………………………………………


USD/IDR DAILY OUTLOOK - 9750
30 Jan 2013 04:45GMT...

Usd's breach of y'day's high at 9750 signals recent erratic rise remains in force n further gain to 9775/80 is seen but res 9800 shud hold.

Buy again on dips with stop as indicated n only below 9675 wud risk stronger correction to 9625.

STRATEGY
Buy at 9710

OBJECTIVE
9780

STOP-LOSS
9680

RES
9775 / 9800 / 9520

SUP
9675 / 9625 / 9590
…………………………………………………………………………

DAILY USD/SGD OUTLOOK - 1.2348
30 Jan 2013 04:49GMT...

Despite usd's retreat fm Mon's 4-1/2 month peak of 1.2405, nr term o/sold condition wud limit weakness to 1.2320/30 n bring subsequent rebound.

Venture buying for 1.2400 1st n ony below 1.2318 may risk stronger retrace. to 1.2290/00 b4 recovery

STRATEGY
Buy at market

OBJECTIVE
1.2400

STOP-LOSS
1.2312

RES
1.2382/1.2405/1.2433

SUP
1.2331/1.2318/1.2289

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