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DOLLAR-IDR TECHS: Outlook Unchanged
USDIDR continues to trade in a lackluster fashion just below its 100-dma but the
bigger picture looks increasingly like a large bottoming pattern is developing.
Bulls initially target the 100-dma at 14290 ahead of the March 11 high at 14339.
Above here would open the key 200-dma which comes in at 14485. To regain the
upper hand bears need to take out the 50-dma at 14129 to open the 14000