Published: 2025-09-25T05:07:59.000Z
Chart USD/IDR Updates: Extending gains
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Pressure remains on the upside as prices extend bullish momentum from the August low to reach the 16730 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 16970 | ** | 9 Apr all-time high | S1 | 16600 | * | congestion | |
| R3 | 16884 | * | 24 Apr high | S2 | 16495 | ** | Jun high | |
| R2 | 16800 | * | congestion | S3 | 16350 | * | congestion | |
| R1 | 16730 | ** | 10 Apr low | S4 | 16250 | * | 25 Aug low |
Asterisk denotes strength of level
05:10 GMT - Pressure remains on the upside as prices extend bullish momentum from the August low to reach the 16730 resistance. Clearance here and the 16800 level will return focus to the 16884 resistance and 16970 April all-time high. Overbought daily and weekly studies suggest reaction at the latter can be expected. Meanwhile, support is raised to 16600 and extending to the 16495, June high. Would take break here to fade the upside pressure and return focus to the downside towards 16350/16250 congestion.