DAILY USD/SGD OUTLOOK - 1.2375
01 Mar 2013 02:46GMT
Despite y'day's retreat to 1.2348, subsequent rebound suggests pullback fm 1.2428 has ended there n abv 1.2406 wud yield re-test of said res.
Trade fm long side for this move n only below 1.2342 wud risk further weakness twd 1.2331.
STRATEGY : Long at 1.2370
POSITION : Long at 1.2370
OBJECTIVE : 1.2440
STOP-LOSS : 1.2340
RES : 1.2406/1.2428/1.2454
SUP : 1.2348/1.2342/1.2331
………………………………………………………..
USD/IDR DAILY OUTLOOK - 9670
01 Mar 2013 01:41GMT
Usd's retreat fm last week's high at 9710 suggests recovery fm Feb's 9605 low has ended there n weakness to 9640 is seen b4 another rise later.
Stand aside n look to buy on dips as abv 9710 wud yield re-test of this month's 9770 peak.
STRATEGY : Stand aside
RES : 9710 / 9725 / 9770
SUP : 9640 / 9605 / 9590
01 Mar 2013 02:46GMT
Despite y'day's retreat to 1.2348, subsequent rebound suggests pullback fm 1.2428 has ended there n abv 1.2406 wud yield re-test of said res.
Trade fm long side for this move n only below 1.2342 wud risk further weakness twd 1.2331.
STRATEGY : Long at 1.2370
POSITION : Long at 1.2370
OBJECTIVE : 1.2440
STOP-LOSS : 1.2340
RES : 1.2406/1.2428/1.2454
SUP : 1.2348/1.2342/1.2331
………………………………………………………..
USD/IDR DAILY OUTLOOK - 9670
01 Mar 2013 01:41GMT
Usd's retreat fm last week's high at 9710 suggests recovery fm Feb's 9605 low has ended there n weakness to 9640 is seen b4 another rise later.
Stand aside n look to buy on dips as abv 9710 wud yield re-test of this month's 9770 peak.
STRATEGY : Stand aside
RES : 9710 / 9725 / 9770
SUP : 9640 / 9605 / 9590