Published: 2026-11-04T05:35:44.000Z
Chart USD/IDR Updates: Drift lower from 18183 all-time high
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Little change, as prices extend consolidation below the 18183 all-time high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18550 | projection | S1 | 18000 | ** | Sep high | ||
| R3 | 18500 | figure | S2 | 17900 | * | congestion | ||
| R2 | 18300 | projection | S3 | 17860 | * | 30 Sep low | ||
| R1 | 18183 | ** | 28 Oct all-time high | S4 | 17770 | * | 10 Aug low |
Asterisk denotes strength of level
05:35 GMT - Little change, as prices extend consolidation below the 18183 all-time high. Both the daily and weekly studies are overbought though bullish prices action from the 17500 September low suggest break to extend the underlying bull trend cannot be ruled out. Clearance will see room to Fibonacci extension targets at 18300 and the 18500/18550 area. Meanwhile, support remains at the 18000 figure and September high which should underpin. Below here will ease the upside pressure and see room for deeper pullback to retrace strong gains from the 17500 Spetember low.