Daily Market Outlook on Asian Exotics USD/KRW : Nov 5, 2013


krw  DAILY USD/KRW OUTLOOK - 1061.6
05 Nov 2013
05:57GMT

Usd's rebound fm Oct's 9-mth low at 1054.3 sug-
gests upside bias remains for a minor retrace. to
1066.6 but res 1069.2 wud hold n yield retreat.

Hold long for this move n only a daily close
below 1060.7 may risk weakness to 1057/58 later.


STRATEGY : Long at 1062.5

POSITION : Long at 1062.5

OBJECTIVE : 1066.5

STOP-LOSS : 1060.00

RES : 1066.6/1069.2/1071.5

SUP : 1060.7/1054.3/1051.0

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