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Bull Channel Base Guiding Higher...>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Bull Channel Base Guiding Higher
*RES 4: Idr13825 - High Feb 3 2016 
*RES 3: Idr13813 - Daily Bull channel top 
*RES 2: Idr13698 - Monthly High June 2 2016 
*RES 1: Idr13640 - 2017 High Oct 27
*PRICE: Idr13613 @ 2300GMT
*SUP 1: Idr13600 - High Oct 26 now support 
*SUP 2: Idr13573 - Daily Bull channel base 
*SUP 3: Idr13519 - 21-DMA 
*SUP 4: Idr13500 - Low Oct 23
*COMMENTARY: Bulls take comfort as the daily bull channel base continues to
guide the pair higher with fresh 2017 and 16mth highs seeing bulls initially
focus on Idr13698 with overall focus on Idr13813-820 where the daily bull
channel top is located. Bears now need a close below Idr13600 to ease immediate
bullish pressure and below the channel base to pressure the 21-DMA. The
Bollinger top (Idr13592) is the key concern for bulls and limits follow through.

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