[B]DAILY USD/KRW OUTLOOK - 1081.3
18 Feb 2013 [I]05:43GMT[/I][/B]
Despite initial rebound to 1085.2, present yen-led retreat suggests early rise fm 1076.6 (Fri) has made a temp. top n choppy ‘sideways’ move is seen.
Exit prev. long at 1081.7 n buy again on dips tom as 1076.6 shud hold. Abv 1088.7, 1090/91 later.
[B]STRATEGY[/B] : Exit long
[B]POSITION[/B] : Long at 1081.7
[B]RES[/B] : 1085.2/1088.7/1091.5
[B]SUP[/B] : 1079.7/1076.6/1074.5
……………………………………………………………………….
[B]DAILY USD/SGD OUTLOOK - 1.2401
18 Feb 2013 [I]04:15GMT[/I][/B]
Intra-day abv prev. 1.2397 res to 1.2408 suggests fall last week’s 5-month high at 1.2454 has made a low at 1.2432 (Thu) n gain to 1.2430/35 is seen.
Trade fm long side with stop as indicated n only below 1.2342 risks further pullback to 1.2303/10.
[B]STRATEGY[/B] : Long at 1.2378
[B]POSITION[/B] : Long at 1.2378
[B]OBJECTIVE[/B] : 1.2428
[B]STOP-LOSS[/B]: 1.2355
[B]RES[/B] : 1.2408/1.2454/1.2500
[B]SUP[/B] : 1.2342/1.2331/1.2303