in ANALISA by hafid zaini

7960315 10/6/2017 10:55 AM, USD/IDR intraday: above its upper Bollinger band


13523 is our pivot point.


Our preference

: technical rebound towards 13523 before a new drop.


Alternative scenario

: the upside breakout of 13523, would call for 13555 and 13574.


Comment

: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair stands above its 20 MA (13480) but below its 50 MA (13498). Finally, the USD/IDR is trading above its upper Bollinger band (standing at 13494).


Supports and resistances

:

13574 **

13555 *

13523 **

13510

13496 last

13449

13429 **

13410 *

13391 **