DAILY OUTLOOK USD/SGD - 1.2365
14 Feb 2013 07:57GMT
Despite extending decline from Tuesday's 4-1/2 month top at 1.2454 to 1.2344 at Asian open, intra-day bounce has retained upside bias for gain to 1.2425 later.
Trade from long side with stop below 1.2331 (prev. res, now sup) may risk 1.2300/05 before recovery.
STRATEGY : Long at 1.2365
POSITION : Long at 1.2365
OBJECTIVE : 1.2425
STOP-LOSS : 1.2342
RES : 1.2370/1.2397/1.2454
SUP : 1.2344/1.2331/1.2303
…………………………………………………………
DAILY OUTLOOK USD/IDR– 9665
14 Feb 2013 05:00GMT
Dollar's rebound from 9605 (Monday) suggests correction fm last week's 3-1/2 year peak at 9770 has possibly ended n consolidation with upside bias is seen.
Venture buying for 'subsequent' gain to 9750 n only below 9605 risks stronger retrace. to 9580/90.
STRATEGY : Long at 9660
POSITION : Long at 9660
OBJECTIVE : 9750
STOP-LOSS: 9620
RES : 9700 / 9725 / 9770
SUP : 9640 / 9605 / 9590
14 Feb 2013 07:57GMT
Despite extending decline from Tuesday's 4-1/2 month top at 1.2454 to 1.2344 at Asian open, intra-day bounce has retained upside bias for gain to 1.2425 later.
Trade from long side with stop below 1.2331 (prev. res, now sup) may risk 1.2300/05 before recovery.
STRATEGY : Long at 1.2365
POSITION : Long at 1.2365
OBJECTIVE : 1.2425
STOP-LOSS : 1.2342
RES : 1.2370/1.2397/1.2454
SUP : 1.2344/1.2331/1.2303
…………………………………………………………
DAILY OUTLOOK USD/IDR– 9665
14 Feb 2013 05:00GMT
Dollar's rebound from 9605 (Monday) suggests correction fm last week's 3-1/2 year peak at 9770 has possibly ended n consolidation with upside bias is seen.
Venture buying for 'subsequent' gain to 9750 n only below 9605 risks stronger retrace. to 9580/90.
STRATEGY : Long at 9660
POSITION : Long at 9660
OBJECTIVE : 9750
STOP-LOSS: 9620
RES : 9700 / 9725 / 9770
SUP : 9640 / 9605 / 9590
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