7640855 7/12/2017 5:16 PM, USD/IDR intraday: rebound


13344 is our pivot point.


Our preference

: rebound.


Alternative scenario

: below 13344, expect 13316 and 13299.


Comment

: the RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 13376 and 13387).


Supports and resistances

:

13464 **

13447 *

13430 **

13414

13370 last

13355

13344 **

13316 *

13299 **