Free Trial

Idr13490 & Idr13558 Levels.........>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Idr13490 & Idr13558 Levels Remain Key
*RES 4: Idr13640 - 2017 High Oct 27 
*RES 3: Idr13605 - High Oct 30 
*RES 2: Idr13560 - Bollinger band top 
*RES 1: Idr13558 - Low Nov 13
*PRICE: Idr13550 @ 2300GMT
*SUP 1: Idr13521 - 55-DMA 
*SUP 2: Idr13490 - Low Nov 7 
*SUP 3: Idr13455 - Low Oct 5 
*SUP 4: Idr13428 - 100-DMA
*COMMENTARY: The bullish close above the 21-DMA (Idr13528) Wednesday increased
bullish confidence but a close above Idr13558 remains needed to reconfirm focus
on Idr13605-640 where 2017 highs are situated. The 55-DMA remains initial
support but bears need a close below Idr13490 to confirm a break and below
Idr13455 to confirm focus on Idr13373-425 where 100 & 200-DMAs are situated.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });