Published: 2026-07-09T04:52:16.000Z
Chart USD/IDR Updates: Focus return to 18180 all-time high
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Consolidation below the 18000 level has given way to break to extend bounce from the 17690 June low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18980 | projection | S1 | 18000 | * | congestion | ||
| R3 | 18470 | projection | S2 | 17845 | * | 29 Jun low | ||
| R2 | 18200 | congestion | S3 | 17800 | * | congestion | ||
| R1 | 18180 | ** | 8 Jun all-time high | S4 | 17690 | ** | 15 Jun low |
Asterisk denotes strength of level
04:50 GMT - Consolidation below the 18000 level has given way to break to extend bounce from the 17690 June low. Focus now return to the 18180 all-time high. Would expect reaction on retest of the latter but bullish prices action suggest scope for break to extend the underlying bull trend. Clearance will see room to extension to 18470 and 18980 projection targets. Meanwhile, support is raised to the 18000 level. Would take break here to open up room for pullback to support at the 17845/17800 area. Only below here and 17690 June low will fade the upside pressure.