DAILY OUTLOOK USD/IDR : March 8, 2013

acetraderfx

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DAILY OUTLOOK USD/IDR – 9690

08 Mar 2013 01:53GMT

Despite usd's brief pullback to 9660 (Thur), subsequent rebound suggests consolidation with upside bias remains n abv 9725 wud re-test Feb's 9770 top.

Hold long with stop as indicated n only below 9660 risks weakness to 9640 b4 another recovery.

STRATEGY : Long at 9700

POSITION : Long at 9700

OBJECTIVE : 9750

STOP-LOSS : 9675

RES : 9725 / 9770 / 9800

SUP : 9660 / 9640 / 9605
 
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