7982719 10/12/2017 4:40 PM, USD/IDR intraday: under pressure below 13534


Our pivot point stands at 13534.


Our preference

: under pressure below 13534.


Alternative scenario

: the upside breakout of 13534, would call for 13565 and 13584.


Comment

: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair stands below its 20 and 50 MAs (respectively at 13513 and 13509).


Supports and resistances

:

13584 **

13565 *

13534 **

13521

13504 last

13454

13435 **

13417 *

13398 **