Published: 2025-11-10T06:28:13.000Z
Chart USD/IDR Updates: Extending pullback from 16725 high
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Extending pullback from the 16725 high as price unwind overbought daily and weekly studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 16885 | * | 23 Apr high | S1 | 16600 | * | congestion | |
| R3 | 16800 | * | congestion | S2 | 16525 | * | 9 Oct low | |
| R2 | 16770 | ** | Sep high | S3 | 16495 | ** | Jun high | |
| R1 | 16725 | * | 4 Nov high | S4 | 16355/350 | * | 61.8%, congestion |
Asterisk denotes strength of level
06:20 GMT - Extending pullback from the 16725 high as price unwind overbought daily and weekly studies. Support starts at the 16640/16600 congestion area. Would take break here to turn focus to the strong support at the 16525 October low and strong support at 16495, June-August range highs. Below these will return focus to the downside to retrace gains from the 16100, August low. Meanwhile, resistance at the 16725 high now expected to cap ahead of the 16770, September high.