Free Trial

200-DMA In Sight USDIDR remains....>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: 200-DMA In Sight
USDIDR remains in a well defined uptrend with the key 200-dma just above current
levels at 14482. A break above here would suggest a resumption of the broader
uptrend opening 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
100-dma at 14198 to return the focus to the 14000 level and the Feb 6 low at
13898.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });