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Tight Range Trading Above 50-DMA...>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Tight Range Trading Above 50-DMA 
USDIDR continues to hold above its 50-dma at 14129 but upside momentum has been
lacking keeping the focus on the downside. A close below here would extend the
downtrend to the 14000 support area and the ytd low at 13898. Below here would
open the June 6, 2018 low at 13837. Bulls look to use the 50-dma as a base
allowing a run at the 100-dma at 14257. Above here would open the key 200-dma
which comes in at 14493.

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