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O/B Studies Remain A Concern.......>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: O/B Studies Remain A Concern
*RES 4: Idr14480 - Low Oct 5 2015 now resistance 
*RES 3: Idr14090 - Monthly High Dec 14 2015 
*RES 2: Idr13975 - 2016 High Jan 7 
*RES 1: Idr13930 - 2018 High Apr 26
*PRICE: Idr13885 @ 2300GMT
*SUP 1: Idr13860 - Low Apr 30 
*SUP 2: Idr13800 - High Mar 1 now support 
*SUP 3: Idr13753 - 55-DMA 
*SUP 4: Idr13730 - Low Mar 28
*COMMENTARY: The lack of follow through on 2018 highs is a concern for bulls
when combined with daily studies looking to correct from O/B. Bears now need a
close below Idr13860 to ease bullish pressure and below Idr13800 to shift
initial focus back to Idr13730-753 where the 55-DMA is located. Bulls now need a
close above Idr13930 to reconfirm initial focus on 2016 highs.

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