[B]USD/IDR DAILY OUTLOOK - 9665
14 Feb 2013 [I] 05:00GMT[/I][/B]
Dlr’s rebound fm 9605 (Mon) 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.
[B]STRATEGY[/B] : Long at 9660
[B]POSITION[/B] : Long at 9660
[B]OBJECTIVE[/B] : 9750
[B]STOP-LOSS[/B] : 9620
[B]RES[/B] : 9700 / 9725 / 9770
[B]SUP[/B] : 9640 / 9605 / 9590
…
[B]USD/SGD DAILY OUTLOOK - 1.2358
14 Feb 2013 [I]04:54GMT[/I][/B]
Despite extending decline fm Tue’s 4-1/2 mth top at 1.2454 to 1.2344 at Asian open, intra-day bounce
has retained upside bias for gain to 1.2425 later.
Trade fm long side with stop below 1.2331 (prev.res, now sup) may risk 1.2300/05 b4 recovery.
[B]STRATEGY[/B] : Long at 1.2365
[B]POSITION[/B] : Long at 1.2365
[B]OBJECTIVE[/B] : 1.2425
[B]STOP-LOSS[/B] : 1.2330
[B]RES[/B] : 1.2370/1.2397/1.2454
[B]SUP[/B] : 1.2344/1.2331/1.2303