AceTraderForex Aug 20, 2013 : Weekly Market Outlook on Asian Exotics USD/KRW

[B]WEEKLY USD/KRW OUTLOOK - 1115.0[/B]
19 Aug 2013 [I]06:13GMT[/I]

Despite usd’s retreat fm 1121.2 to 1111.4, sub-
sequent rebound suggests decline fm 1163.5 (Jun)
has made a low at 1108.0, abv 1121.2, 1127.5.

Exit short n stand aside. Only below 1111.4 wud
revive bearishness for re-test of 1108.0.

[B]STRATEGY[/B] : Exit short

[B]POSITION[/B] : Short at 1119.0

[B]RES[/B] : 1121.2/1127.5/1129.0