Published: 2025-09-29T05:42:25.000Z
Chart USD/IDR Updates: Turned lower from 16770 high
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Edged lower from the 16770 high of last week as prices consolidate gains from support at the 16350 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 16970 | ** | 9 Apr all-time high | S1 | 16600 | * | congestion | |
| R3 | 16885 | * | 24 Apr high | S2 | 16495 | ** | Jun high | |
| R2 | 16800 | * | congestion | S3 | 16350 | * | congestion | |
| R1 | 16770 | ** | 26 Sep high | S4 | 16250 | * | 25 Aug low |
Asterisk denotes strength of level
05:35 GMT - Edged lower from the 16770 high of last week as prices consolidate gains from support at the 16350 congestion. Daily studies have turned down from overbought area and pullback see room to the 16600 support. Below this will open up room to the strong support at 16495 June-August range highs which is expected to underpin. Break here will fade the upside pressure and turn focus lower to retrace gains from the 16100 low. Meanwhile, resistance at the 16770 high now expected to cap. Clearance will expose 16885/16970 highs to retest.