BUZZ-USD/SGD TECHS-Retesting important 1.27 level

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05-08-2013 11:19:01
BUZZ-USD/SGD TECHS-Retesting important 1.27 level



* Bulls recently thrust price above prior resistance at 1.27 in positive sign
* Price is currently retesting this key level - bulls need daily closes above
* Long term 61.8% fib resistance at 1.28 is topside resistance
* Holding above 1.28 would target the June 2012 high near 1.30
* Daily close below 1.27 would suggest another test of trendline at 1.257
* Chart:??http://link.reuters.com/wun22v ??/ ??See for more
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