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Bulls Need Close Above Idr13605....>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Bulls Need Close Above Idr13605
*RES 4: Idr13698 - Monthly High June 2 2016 
*RES 3: Idr13652 - Rising TL off Sept & Oct highs 
*RES 2: Idr13640 - 2017 High Oct 27 
*RES 1: Idr13605 - High Oct 30
*PRICE: Idr13575 @ 2300GMT
*SUP 1: Idr13527 - 21-DMA 
*SUP 2: Idr13500 - Low Oct 23 
*SUP 3: Idr13455 - Low Oct 5 
*SUP 4: Idr13448 - Bollinger band base
*COMMENTARY: Daily studies now correcting from O/B are a key concern for bulls
and have resulted in a break and closes below the daily bull channel base
(Idr13611). Immediate focus has shifted to the 21-DMA with bears needing a close
below to add weight to their case for a move back to Idr13455. Bulls need a
close above Idr13605 to ease bearish pressure and return immediate focus to 2017
highs.

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