Published: 2024-12-11T02:56:18.000Z
Chart USD/IDR Updates: Turned up in consolidation from the 15840 support
Technical Analyst
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Edged up in consolidation from the 15840 support
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 16129 | * | 5 Aug low | S1 | 15840 | * | 29 Nov low | |
| R3 | 16094 | ** | Jul low | S2 | 15800 | * | congestion | |
| R2 | 16000 | * | figure, congestion | S3 | 15776 | * | 29 Oct high | |
| R1 | 15952/69 | ** | Nov, 4 Dec highs | S4 | 15694 | ** | 7 Oct high |
Asterisk denotes strength of level
02:50 GMT - Edged up in consolidation from the 15840 support as prices turned up to unwind the oversold intraday and daily studies. Bounce see resistance at the 15952 and 15969 highs expected to cap. Lower high sought to further pressure the downside later and break of the 15840 support will turn focus lower to the 15800 support. Below the latter will open up lower support at the 15776 and 15694, previous highs. Meanwhile, break above 15952/15969 highs will see potential to further retrace the June/September losses and see room to the 16000 level.