Published: 2025-10-08T05:47:09.000Z
Chart USD/IDR Updates: Consolidating at 16540 low
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Turned up from the 16540 low to consolidate losses from the 16770 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 16885 | * | 24 Apr high | S1 | 16540 | * | 3 Oct low | |
| R3 | 16800 | * | congestion | S2 | 16495 | ** | Jun high | |
| R2 | 16770 | ** | 26 Sep high | S3 | 16350 | * | congestion | |
| R1 | 16730 | * | 10 Apr low | S4 | 16250 | * | 25 Aug low |
Asterisk denotes strength of level
05:45 GMT - Turned up from the 16540 low to consolidate losses from the 16770 high. However, the downside remains vulnerable and break here will see room for deeper pullback to retrace gains from the 16100 low of August. Lower will turn focus to strong support at the 16495, June-August range highs. Break here will fade the upside pressure and see room for extension to the 16400/16350 area. Meanwhile, resistance is lowered to 16700/16730 area which is now expected to cap and sustain pullback from the 16770 high.