Chart USD/IDR Updates: Room to extend gains
Edged lower from 17748 high but pressure remains on the upside and see room for further gains to retrace the July/September losses
| 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
06:20 GMT - Edged lower from 17748 high but pressure remains on the upside and see room for further gains to retrace the July/September losses. Nearby see room to resistance at the 17770/17800 area. Break here, if seen, will see continuation to strong resistance at 17880 July low which is expected to cap. Meanwhile, support is raised to the 17690, June low. Below here will ease the upside pressure and return focus to the downside 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.