USD/IDR DAILY OUTLOOK – 10055
18 Jul 2013 06:16GMT
As usd continues to ratchet higher, suggesting LT rise fm 8455 remains in force n further gain to 10050, then 10080/85 is seen b4 retreat.
Trade fm long side with stop as indicated n only below 9950 signals a temp. top is made, 9910.
STRATEGY : Long at 10030
POSITION : Long at 10030
OBJECTIVE : 10080
STOP-LOSS : 10005
RES : 10050/10100/10130
SUP : 9950 / 9910 / 9875