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Bulls Need Close Above Idr13965....>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Bulls Need Close Above Idr13965
*RES 4: Idr14110 - Alternating daily support/resistance 
*RES 3: Idr14080 - High May 28 now support 
*RES 2: Idr14005 - 21-DMA 
*RES 1: Idr13965 - Low May 30 now resistance
*PRICE: Idr13925 @ 2300GMT
*SUP 1: Idr13904 - 55-DMA 
*SUP 2: Idr13830 - Low June 6 
*SUP 3: Idr13800 - High Mar 1 now support 
*SUP 4: Idr13767 - 100-DMA
*COMMENTARY: Bulls take comfort in the close above the 55-DMA Friday easing
bearish pressure and a concern for bears when combined with correcting O/S daily
studies. Bulls now look for a close above Idr13965 to hint at a correction back
to Idr14080-14110 with above the 21-DMA to confirm. Bears now look for a close
back below the 55-DMA to retain focus on Idr13773-13800 where the 100-DMA is
located.

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