Daily Outlook on USD/KRW and USD/IDR February 5, 2013

[B]DAILY USD/KRW OUTLOOK - 1088.0[/B]
[B]05 Feb 2013 01:59GMT… [/B]

As dlr has retreated after opening briefly higher to 1091.5, suggesting ‘choppy’ trading below Fri’s 1098.3 top wud continue, below 1083.3, 1080/81.

Sell on recovery for 1083.5 1st n only abv said intra-day high risks stronger gain to 1094/95.

[B]STRATEGY[/B] : Short at 1088.0
[B]OBJECTIVE[/B] : 1083.5
[B]STOP-LOSS[/B] : 1090
[B]RES[/B] : 1091.5/1094.5/1098.3
[B]SUP[/B] : 1086.1/1083.3/1078.8
…………………………………………………….

[B]USD/IDR DAILY OUTLOOK - 9697[/B]
[B]05 Feb 2013 01:38GMT…[/B]

Although dlr’s strg retreat fm last week’s multi year peak at 9770 signals temp. top is made, as 96
70 has contained decline, consolidation is seen.

Venture buying on dips for 9725 n only below 96 50 may risk stronger correction twd 9625.

[B]STRATEGY[/B] : But at 9675
[B]OBJECTIVE[/B] : 9725
[B]STOP-LOSS[/B] : 9650
[B]RES[/B] : 9725 / 9770 / 9800
[B]SUP[/B] : 9670 / 9645 / 9625