WEEKLY USD/IDR OUTLOOK : March 11, 2013


WEEKLY USD/IDR OUTLOOK – 9690

11 Mar 2013 02:57GMT

Usd’s strg rebound fm Feb’s low at 9605 suggests pullback fm 9770 has ended there n abv 9725 wud add credence to this view n yield re-test of said res.

Trade fm long side with stop as indicated n only below 9605 risks stronger retracement to 9590.

STRATEGY : Long at 9675

POSITION : Long at 9675

OBJECTIVE : 9770

STOP-LOSS : 9640

RES : 9725 / 9770 / 9810

SUP : 9605 / 9590 / 9570