7874227 9/13/2017 5:13 PM, USD/IDR intraday: target 13140


Our pivot point stands at 13228.


Our preference

: target 13140.


Alternative scenario

: above 13228, look for 13260 and 13279.


Comment

: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 MA (13202) but above its 50 MA (13187).


Supports and resistances

:

13279 **

13260 *

13228 **

13215

13201 last

13159

13140 **

13121 *

13102 **