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Daily Outlook: USD/SGD, USD/KRW, USD/IDR

Published 02/07/2013, 12:51 AM
Updated 01/01/2017, 02:20 AM
DAILY USD/KRW OUTLOOK - 1089.8
07 Feb 2013 02:32GMT...

USD's intra-day rebound to 1091.3 signals further consolidation above Tue's 1083.3 low would continue and
above 1091.5 would encourage further gain to 1094.5.

Trade from long side with stop as indicated and only below 1083.3 risks weakness to 1078.6.

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


DAILY USD/IDR DAILY OUTLOOK - 9720
07 Feb 2013 02:02GMT...

USD's strong rebound from Monday's low at 9670 suggests pullback from last week's 9770 high has ended there and
above said res would extend LT upmove to 9800.

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

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


DAILY USD/SGD OUTLOOK - 1.2391
07 Feb 2013 02:34GMT...

USD's rebound from Tue's 1.2354 low suggests pull back from last week's high at 1.2331 has ended there
and above 1.2410 would confirm this view, 1.2431 again.

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

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

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