Wednesday, 25 November 2009

USD/SGD DAILY OUTLOOK

USD/SGD DAILY OUTLOOK - +1.3830+

Update Time: 25 Nov 2009 08:08GMT
USD/SGD DAILY OUTLOOK - +1.3830+

Usd's retreat after meeting renewed selling y'day
at 1.3885 indicates downside bias remains for weak-
ness to 1.3830 but 1.3816 wud hold on 1st testing.

Trade fm short side with stop now as indicated n
only abv 1.3885 wud abort n risk rebound twd 1.3925

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Rate: +1.3830+
Strategy: +Target met+
Position: Short at 1.3880
Objective: 1.3830
Stop-Loss:
Resistance: 1.3885/1.3925/1.3957
Support: 1.3816/1.3768/1.3700

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