Daily Forecast – 27th March 2013 Kospi June contract Kospi pushed higher to hit resistance at 262.75/236.25 and came to a halt. We have support on the pullback at 260.96 but below here risks further losses to 259.60 then better support at 258.74/50 which should hold the downside. However a break should close the gap at 257.70/60 next. We should see a bounce from here but failure leads to a retest of 256/255 lows. If we can hold above 261 look for another test of resistance at 262.75/236.25. We
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Kospi, Nikkei 225, Topix, USDJPY
