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Upside Potential Increasing The....>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Upside Potential Increasing
The continued failure of USDIDR to close below the 50-dma suggests upside
potential is building. The initial upside target is now the March 11 high at
14339, above here would open the key 200-dma which comes in at 14482. To regain
the upper hand bears need to take out Thursday's low at 14093 to open the 14000
support area and the ytd low at 13898. Below here would suggest a run at the
13837 level seen at the June 5 low.

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