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Bulls Target Downtrend.............>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Bulls Target Downtrend Resistance
USDIDR remains clear of the 14000 level as bulls look to mount a recovery. The
first hurdle is the 55-dma at 14123 ahead of down trendline resistance from the
March 11 high which comes in at 14170. Above here would open a run at the
100-dma which comes in at 14223. 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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