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200-DMA Growing In Importance......>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: 200-DMA Growing In Importance
The 200-dma at 14482 continues to gain importance as the level remains intact
despite serveral breakout attempts. The focus remains on this level with a break
above here needed to open the Dec 11 high at 14655 ahead of the 61.8%
retracement of the Oct-Feb decline at 14755. On the downside bears look for a
break back below the 55/100-dma at 14232/14195 to return the focus to the 14000
level and the Feb 6 low at 13898.

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