USD/IDR DAILY OUTLOOK – 9880
14 Jun 2013 03:03GMT
Y’day’s rise to fresh multi-year peak at 9890 suggests LT uptrend wud extend to 99*25 after consolidation but 9950 wud hold, yield retreat.
Trade fm long side with stop as indicated n only below 9815 signals a temp. top is made, 9785.
STRATEGY : Long at 9885
POSITION : Long at 9885
OBJECTIVE : 9925
STOP-LOSS : 9865
RES : 9900 / 9950 / 9975
SUP : 9815 / 9785 / 9770