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

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Bears Need Close Below 55-DMA
*RES 4: Idr13698 - Monthly High June 2 2016 
*RES 3: Idr13640 - 2017 High Oct 27 
*RES 2: Idr13605 - High Oct 30 
*RES 1: Idr13565 - High Dec 21
*PRICE: Idr13559 @ 2300GMT
*SUP 1: Idr13539 - 55-DMA 
*SUP 2: Idr13490 - Low Nov 7 
*SUP 3: Idr13455 - Low Oct 5 
*SUP 4: Idr13387 - 200-DMA
*COMMENTARY: Topside hesitation ahead of Idr13605 took its toll with a sell-off
that sees pressure back on the 55-DMA. Bears need a close below the 55-DMA to
confirm an easing of bullish pressure and below Idr13490 to shift initial focus
to Idr13455-57 where the 100-DMA is situated. Bulls now need a close above
Idr13565 to gain breathing room and above Idr13605 to reconfirm initial focus on
2017 highs.

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