[B]DAILY USD/SGD OUTLOOK - 1.2368
20 Feb 2013 [I] 05:12GMT[/I][/B]
Despite usd’s retreat fm 1.2408 (Mon), subsequent rebound fm 1.2356 suggests consolidation abv last week’s 1.2342 low wud continue with upside bias.
Trade fm long side as abv 1.2408 extends to 1.24 54. Only below 1.2342 aborts bullishness, 1.2331.
[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