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Bulls Need Close Above Idr13245....>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Bulls Need Close Above Idr13245
*RES 4: Idr13295 - Low July 19 now resistance 
*RES 3: Idr13270 - Low June 15 now resistance 
*RES 2: Idr13245 - Low Apr 13 now resistance 
*RES 1: Idr13222 - High Sept 12
*PRICE: Idr13201 @ 2300GMT
*SUP 1: Idr13175 - Low Sept 12 
*SUP 2: Idr13135 - 2017 Low Sept 11 
*SUP 3: Idr13049 - Low Sept 11 2016 
*SUP 4: Idr12975 - Low Oct 11 2016
*COMMENTARY: The pair looked heavy Friday following Thursday's close below the
100-DMA (Idr13222) and bears were not disappointed with a series of fresh 2017
and 12mth lows that now see bears targeting the 200-WMA. The move looks a little
O/S with an increased risk of a correction. Bulls now need a close above
Idr13245 to shift initial focus to Idr13270-295.

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