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Peso Loses Some Altitude


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Bears Need Close Below 55-DMA......>

DOLLAR-IDR TECHS: Bears Need Close Below 55-DMA
*RES 4: Idr13825 - High Feb 3 2016 
*RES 3: Idr13698 - Monthly High June 2 2016 
*RES 2: Idr13640 - 2017 High Oct 27 
*RES 1: Idr13605 - High Oct 30
*PRICE: Idr13580 @ 2300GMT
*SUP 1: Idr13557 - High Nov 13 now support 
*SUP 2: Idr13531 - 21-DMA 
*SUP 3: Idr13527 - 55-DMA 
*SUP 4: Idr13490 - Low Nov 7
*COMMENTARY: The bullish close above the 21-DMA (Idr13529) increased bullish
confidence with the close above Idr13558 reconfirming focus on Idr13605-640
where 2017 highs are situated. Layers of support are noted Idr13527-557. The
55-DMA remains key support with bears now needing a close below to ease bullish
pressure and below Idr13490 to shift focus back to Idr13455.