Published: 2025-08-06T04:36:22.000Z
Chart USD/IDR Updates: Extend rejection from 14195 resistance
Technical Analyst
-
Under pressure as prices extend rejection from resistance at the 16495, June high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 16730 | ** | 10 Apr low | S1 | 16335 | ** | 17 Jul high | |
| R3 | 16675 | * | May high | S2 | 16300 | * | congestion | |
| R2 | 16600 | * | congestion | S3 | 16273 | * | 24 Jul low | |
| R1 | 16495 | ** | Jun high | S4 | 16200 | * | congestion |
Asterisk denotes strength of level
04:30 GMT - Under pressure as prices extend rejection from resistance at the 16495, June high. Daily studies are unwinding overbought readings and break of the 16400 level opens up room for deeper pullback to the 16335/16300 congestion area and 16273 support. Below the latter will return focus to the downside for retest of support at 16200 then the 16180/16159, July/May lows. Meanwhile, resistance at the 16490/16495 highs are expected to cap.