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200-DMA Remains The Target.........>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: 200-DMA Remains The Target
USDIDR sits just below the key 200-dma at 14482 as the uptrend remains firmly
intact. 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 14197 to return the focus to the 14000 level and the Feb 6 low at 13898.

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