Chart USD/IDR Updates: Correcting the July/September losses
Break above the 17690 resistance see further gains to retrace the July/September losses and turn focus to resistance at the 17770/17800 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18090 | * | 28 Jul high | S1 | 17690 | ** | Jun low | |
| R3 | 18000 | * | figure | S2 | 17600 | * | congestion | |
| R2 | 17880/900 | ** | Jul low, congestion | S3 | 17500 | ** | 9 Sep low | |
| R1 | 17770 | * | 10 Aug low | S4 | 17450 | * | congestion |
Asterisk denotes strength of level
04:00 GMT - Break above the 17690 resistance see further gains to retrace the July/September losses and turn focus to resistance at the 17770/17800 area. Higher still, if seen, will see room for continuation to strong resistance at 17880 July low which is expected to cap and give way to renewed selling pressure. Meanwhile, support is raised to the 17690, June low. Break here will ease the upside pressure and see room for retest of the 17600 congestion then the 17500 low. Below the latter will extend losses from the 18180 June current year high to retrace gains from the August 2025 year low.