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Downside Momentum Threatens To.....>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Downside Momentum Threatens To Return
The near term focus remains on the downside with bears looking for a break back
below the 14200 level which holds the gap seen on March 8. Below here would
bring the 50-dma support level at 14116 into focus with a break back below here
returning the focus to the 14000 support area and the ytd low at 13898. Below
here would suggest a run at the 13837 level seen at the June 5 low. To regain
the upper hand bulls need to take out the March 11 high at 14339. Above here
would open the key 200-dma which comes in at 14481.

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