Published: 2026-11-06T04:27:45.000Z
Chart USD/IDR Updates: Consolidating below 18183, all-time high
1
Has seen bounce from the 18050 low as prices consolidate losses from the 18183 all-time high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18500 | figure | S1 | 18050 | * | 5 Nov low | ||
| R3 | 18300 | projection | S2 | 18000 | ** | Sep high | ||
| R2 | 18183 | ** | 28 Oct all-time high | S3 | 17900 | * | congestion | |
| R1 | 18126 | * | 13 Jul high | S4 | 17860 | * | 30 Sep low |
Asterisk denotes strength of level
04:20 GMT - Has seen bounce from the 18050 low as prices consolidate losses from the 18183 all-time high. Daily studies have turned lower to unwind overbought readings with stretched weekly studies suggesting consolidation giving way to deeper pullback later to the 18000 level. Break of the latter will fade the upside pressure and see deeper pullback to retrace strong gains from the 17500 Spetember low. Meanwhile, resistance at the 18183 October all-time high is expected to cap. Clearance, if seen, will see room to Fibonacci extension targets at 18300 and the 18500/18550 area.