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Dec Highs Cap On 1st Attempt.......>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Dec Highs Cap On 1st Attempt
*RES 4: Idr13975 - 2016 High Jan 7 
*RES 3: Idr13820 - High Feb 3 2016 
*RES 2: Idr13698 - High June 2 2016 
*RES 1: Idr13585 - High Dec 1 2016, 2017 High Oct 3
*PRICE: Idr13540 @ 2300GMT
*SUP 1: Idr13470 - Low Oct 2 
*SUP 2: Idr13415 - High May 19 now support 
*SUP 3: Idr13410 - High July 7 & 10 now support 
*SUP 4: Idr13333 - 200-DMA
*COMMENTARY: The recovery from 2017 lows has again resulted in fresh 2017 and
10mth highs and a test of the Dec 1 2016 monthly high. Hesitation at this levels
is less than ideal given daily studies looking to correct from O/B and the
Bollinger top (Idr13548) limiting follow through. Initial support remains at
Idr13470 with bears needing a close below to ease immediate bullish pressure and
below Idr13415 to shift focus back to key DMAs Idr13324-13333.

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