Forex Market Outlook on Asian Exotics USD/SGD: June 27, 2014



sgd  DAILY USD/SGD OUTLOOK - 1.2486

27 Jun 2014 06:38GMT

Despite usd's 1-week long sideways move after
falling to a 5-week low at 1.2467 last Thursday, as long
as 1.2517 (Wed), recent decline should resume later.

Trade from short side for weakness toward Apr's 4-mth
trough at 1.2451 n only above 1.2517 risks 1.2540/43.


STRATEGY : Short at 1.2500

POSITION : Short at 1.2500

OBJECTIVE : 1.2455

STOP-LOSS : 1.2520

RES : 1.2517/1.2543/1.2568

SUP : 1.2467/1.2451/1.2424

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