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Bulls Have The Near-Term Edge......>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Bulls Have The Near-Term Edge
The failure to close below the 50-dma last week has seen upside momentum return
giving bulls the near term edge. The initial upside target is now the March 11
high at 14339, above here would open the key 200-dma which comes in at 14482. To
regain the upper hand bears need to take out Thursday's low at 14093 to open the
14000 support area and the ytd low at 13898. Below here would suggest a run at
the 13837 level seen at the June 5 low. 

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