USD/IDR DAILY OUTLOOK – 9970
11 Jul 2013 02:11GMT
Usd’s breach of May’s multi-year top at 9955 suggests LT upmove wud extend to 9975 after current
consolidation is over but 9985/90 shud cap upside.
Trade fm long side with stop as indicated, below signals temp. top is made, risk retrace. to 9870.
STRATEGY : Long at 9920
POSITION : Long at 9920
OBJECTIVE : 9975
STOP-LOSS: 9930
RES : 9975 / 10000/10010
SUP : 9890 / 9870 / 9815