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Bulls Need Close Above Idr13965....>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Bulls Need Close Above Idr13965
*RES 4: Idr14080 - High May 28 now support 
*RES 3: Idr14022 - 21-DMA 
*RES 2: Idr13965 - Low May 30 now resistance 
*RES 1: Idr13899 - 55-DMA
*PRICE: Idr13850 @ 2300GMT
*SUP 1: Idr13800 - High Mar 1 now support 
*SUP 2: Idr13762 - 100-DMA 
*SUP 3: Idr13730 - Low Mar 28 
*SUP 4: Idr13688 - High Feb 22 now support
*COMMENTARY: The correction lower from 2018 highs continues with closes below
the 55-DMA adding weight to the case for a move back to Idr13688-762 where the
100-DMA is noted. Daily studies approaching O/S is less than ideal for bears. In
saying that, bulls now need a close above Idr13965 to gain breathing room and
above Idr14110 to return initial pressure to 2018 highs.

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