7867120 9/12/2017 11:53 AM, USD/IDR intraday: rebound


13179 is our pivot point.


Our preference

: rebound.


Alternative scenario

: the downside breakout of 13179 would call for 13147 and 13127.


Comment

: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the pair is trading above its 20 MA (13175) but under its 50 MA (13218).


Supports and resistances

:

13310 **

13291 *

13272 **

13253

13205 last

13192

13179 **

13147 *

13127 **