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Bulls Look To Bounce Off 14000 ....>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Bulls Look To Bounce Off 14000 
The sizeable decline in USDIDR throughout the election campaign found some
support at the 14000 level on Thursday, with some slight upside momentum
resuming since then. Bulls now look to target the 100-dma at 14228 to build a
potential base and target the key 200-dma at 14491. On the downside bears look
for a close below 14000 to open the Feb 6 ytd low at 13898. Below here would
extend the downtrend towards the June 6, 2018 low at 13837. 

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