7957023 10/5/2017 5:25 PM, USD/IDR intraday: below its lower Bollinger band


Our pivot point is at 13495.


Our preference

: the downside prevails as long as 13495 is resistance.


Alternative scenario

: the upside breakout of 13495, would call for 13527 and 13546.


Comment

: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 13477 and 13508). Finally, the USD/IDR is trading below its lower Bollinger band (standing at 13465).


Supports and resistances

:

13546 **

13527 *

13495 **

13482

13464 last

13405

13386 **

13367 *

13348 **