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(M2) Correction Extends


Late Session Rebound


(M2) Corrective Cycle Remains In Play


(M2) Gains Still Considered Corrective

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Immediate Focus On Dec Highs.......>

DOLLAR-IDR TECHS: Immediate Focus On Dec Highs
*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
*PRICE: Idr13535 @ 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: Idr13332 - 200-DMA
*COMMENTARY: The recovery from 2017 lows has again resulted in fresh 2017 and
10mth highs with immediate bullish focus on Dec 2016 monthly highs. O/B daily
studies and the Bollinger band top (Idr13517) remain key concerns for bulls.
Bears now look for a close below Idr1.470 to ease immediate bullish pressure and
below Idr13415 to shift focus back to key DMAs Idr13314-13332.

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