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Looking A Little Oversold *RES.....>

DOLLAR-IDR TECHS: Looking A Little Oversold
*RES 4: Idr13270 - Low June 15 now resistance 
*RES 3: Idr13245 - Low Apr 13 now resistance 
*RES 2: Idr13200 - Low Sept 8 now resistance 
*RES 1: Idr13185 - High Sept 11
*PRICE: Idr13160 @ 2300GMT
*SUP 1: Idr13135 - 2017 Low Sept 11 
*SUP 2: Idr13049 - Low Sept 11 2016 
*SUP 3: Idr12975 - Low Oct 11 2016 
*SUP 4: Idr12911 - 200-WMA
*COMMENTARY: The pair looked heavy Friday following Thursday's close below the
100-DMA (Idr13228) and bears were not disappointed with w series of fresh 2017
and 12mth lows that now see bears targeting the 200-WMA. The move looks a little
O/S with an increased risk of a correction. Bulls need a close above Idr13200 to
confirm an easing of bearish pressure and hint at a correction back to Idr13245.

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