Daily Outlook on USD/KRW and USD/IDR and USD/SGD - February 7, 2013

[B]DAILY USD/KRW OUTLOOK - 1089.8
07 Feb 2013 02:32GMT…[/B]

Usd’s intra-day rebound to 1091.3 signals further consolidation abv Tue’s 1083.3 low wud continue n
abv 1091.5 wud encourage further gain to 1094.5.

Trade fm long side with stop as indicated n only below 1083.3 risks weakness to 1078.6.

[B]STRATEGY[/B] : Long at 1089.8
[B]POSITION[/B] : Long at 1089.8
[B]OBJECTIVE[/B] : 1093.8
[B]STOP-LOSS[/B] : 1087.3
[B]RES[/B] : 1091.5/1094.5/1098.3
[B]SUP[/B] : 1086.0/1083.3/1078.6
……………………………………………………

[B]DAILY USD/IDR DAILY OUTLOOK - 9720
07 Feb 2013 02:02GMT… [/B]

Usd’s strg rebound fm Mon’s low at 9670 suggests pullback fm last week’s 9770 high has ended there n
abv said res wud extend LT upmove to 9800.

Buy at market with stop as indicated n only below 9670 risks stronger retracement to 9645.

[B]STRATEGY[/B] : Buy at market
[B]OBJECTIVE[/B] : 9780
[B]STOP-LOSS[/B] : 9690
[B]RES[/B] : 9725 / 9770 / 9800
[B]SUP[/B] : 9670 / 9645 / 9625
…………………………………………………

[B]DAILY USD/SGD OUTLOOK - 1.2391
07 Feb 2013 02:34GMT… [/B]

Usd’s rebound fm Tue’s 1.2354 low suggests pull back fm last week’s high at 1.2331 has ended there
n abv 1.2410 wud confirm this view, 1.2431 again.

Trade fm long side with stop as indicated n only below 1.2334 risks stronger retracement to 1.2287.

[B]STRATEGY[/B] : Long at 1.2392
[B]POSITION[/B] : Long at 1.2392
[B]OBJECTIVE[/B] : 1.2445
[B]STOP-LOSS[/B] : 1.2362
[B]RES[/B] : 1.2410/1.2431/1.2487
[B]SUP[/B] : 1.2354/1.2334/1.2287