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March 11 High Remains The Target...>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: March 11 High Remains The Target
USDIDR came within touching distance of the March 11 high at 14339 yesterday
before giving back some gains but the focus remains on this level for now. A
break above here would allow the rally to gather pace towards the 200-dma which
comes in at 14483, while a break above here would open the Dec 11 high at 14655.
On the downside bears look for a close below the 100-dma at 14207 to negate
recent upside momentum while a break below 14000 would open the Feb 6 ytd low at
13898. 

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