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Spot USD/IDR operates +45 at IDR14,065 after rising in tandem with most of the other USD/Asia crosses. A push through the 50-DMA at IDR14,120 would give bulls a green light for targeting the 31.8% recovery of the Oct 14 - Jan 4 slide/Jan 12 high at IDR14,204/14,205. Conversely, a pullback under Friday's low of IDR14,020 would open up Jan 4 cycle low of IDR13,865.
- The earthquake which hit the Sulawesi island last Friday killed at least 81 people, while almost 30,000 survivors were moved to shelters.
- Bank Indonesia is set to deliver its MonPol decision on Thursday and according to the consensus policymakers should stand pat this time.