"The dollar-rupiah could slip again tomorrow as the sentiment is still positive at this local unit if Japan did not intervene anymore," said a dealer.
He estimates that USD / IDR 8.820 will test support again Tuesday, with resistance at 8.880.
Monday, October 31, 2011
USD / IDR Gains; But Could Fall Into 8.820 Tuesday
USD / IDR Gains; But Could Fall Into 8.820 Tuesday
USD / IDR rose at 8.855 versus 8.825 after the Japanese government intervened to boost the U.S. dollar against the USD, dealers said.
"The dollar-rupiah could slip again tomorrow as the sentiment is still positive at this local unit if Japan did not intervene anymore," said a dealer.
He estimates that USD / IDR 8.820 will test support again Tuesday, with resistance at 8.880.
"The dollar-rupiah could slip again tomorrow as the sentiment is still positive at this local unit if Japan did not intervene anymore," said a dealer.
He estimates that USD / IDR 8.820 will test support again Tuesday, with resistance at 8.880.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment