Published: 2026-06-05T04:03:27.000Z
Chart USD/IDR Updates: Consolidating at 18040 historic high
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Break above the 18000 level has seen gains reaching fresh historic high at 18040
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 19000 | projection | S1 | 17840 | * | 2 Jun low | ||
| R3 | 18500 | projection | S2 | 17730 | * | 19 May high | ||
| R2 | 18150 | projection | S3 | 17600 | * | congestion | ||
| R1 | 18040 | ** | 4 Jun all-time high | S4 | 17520 | * | 12 May high |
Asterisk denotes strength of level
04:00 GMT - Break above the 18000 level has seen gains reaching fresh historic high at 18040 before settling into consolidation. However, further gains not ruled out and higher will see room to 18150 and 18500 projection targets. Overbought daily and weekly studies caution corrective pullback with support starting at the 17840/17800 congestion area. Below here needed to ease the upside pressure and see room for deeper corrective pullback to retrace strong gains from the January low to support at the 17730/17600, 19 May high and congestion area.