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DOLLAR-IDR TECHS: Idr13688-800 Support Region Key
*RES 4: Idr14110 - Alternating daily support/resistance
*RES 3: Idr14080 - High May 28 now support
*RES 2: Idr14045 - 21-DMA
*RES 1: Idr13965 - Low May 30 now resistance
*PRICE: Idr13890 @ 2300GMT
*SUP 1: Idr13860 - Low Apr 30
*SUP 2: Idr13800 - High Mar 1 now support
*SUP 3: Idr13741 - 100-DMA
*SUP 4: Idr13730 - Low Mar 28
*COMMENTARY: The sell-off from 2018 highs has resulted in a close around the
55-DMA (Idr13890) with the pair remaining heavy. The Idr13688-800 support region
is now seen as key. Bears need a close below Idr13688 to initially target the
200-DMA (Idr13605) with a close below needed to shift focus back to 2018 lows.
Bulls now need a close above Idr13965 to gain breathing room and above Idr14110
to return focus to 2018 highs.