Published: 2026-06-26T04:50:10.000Z
Chart USD/IDR Updates: Extend corrective bounce
-
Extending gains from the 17690 low as prices unwind oversold intraday and daily studies towards 18000 figure
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18470 | projection | S1 | 17800 | * | congestion | ||
| R3 | 18200 | congestion | S2 | 17690 | ** | 15 Jun low | ||
| R2 | 18180 | ** | 8 Jun all-time high | S3 | 17600 | * | 38.2% Jan/Jun rally | |
| R1 | 18000 | * | figure | S4 | 17520 | * | 12 May high |
Asterisk denotes strength of level
04:40 GMT - Extending gains from the 17690 low as prices unwind oversold intraday and daily studies towards 18000 figure which is expected to cap. Negative weekly studies suggest gains expected to give way to renewed selling pressure. Meanwhile, support is raised to the 17880/17800 congestion area. Below here will see return focus to the 17690 low. Break here will extend losses from the 18180 all-time high to open up room for deeper pullback to support at 17600, 38.2% Fibonacci retracement.