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Focus Returns To Idr14480-14620....>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Focus Returns To Idr14480-14620
*RES 4: Idr14620 - Low Oct 1 2015 now resistance 
*RES 3: Idr14480 - Low Oct 5 2015 now resistance 
*RES 2: Idr14111 - Bollinger band top 
*RES 1: Idr14110 - 2018 High May 16
*PRICE: Idr14088 @ 2300GMT
*SUP 1: Idr14035 - High May 15 now support 
*SUP 2: Idr13985 - High May 14 now support 
*SUP 3: Idr13940 - 21-DMA 
*SUP 4: Idr13910 - High Apr 30 now support
*COMMENTARY: Bulls take comfort in support emerging ahead of the 21-DMA with the
rally that followed seeing fresh 2018 & 2+yr highs. Fresh 2018 highs have also
reconfirmed the bullish bias and initial focus on the Idr14480-620 resistance
region. O/B studies and the Bollinger top capping are key concerns for bulls. In
saying that, bears now need a close below Idr14035 to gain breathing room.

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