AceTraderForex Jun 28, 2013 : Daily Outlook on Asian Exotics USD/KRW


[B]DAILY USD/KRW OUTLOOK - 1142.9

28 Jun 2013 05:44GMT[/B]

Usd’s intra-day strg retreat suggests corrective fall fm Tue’s multi-year high at 1163.5 remains in force n weakness to 1141.0 is likely b4 recovery.

Wud be prudent to take profit n look to sell again as only abv 1148.4 wud abort n risk 1152.0.

STRATEGY : Exit short

POSITION : Short at 1147.0

RES : 1148.4/1152.0/1158.7

SUP : 1141.0/1138.9/1135.0