Published: 2025-10-09T05:07:42.000Z
Chart USD/IDR Updates: Extending September losses
1
Consolidation above the 16540 low has given way to break to extend losses from the 16770, September high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 16800 | * | congestion | S1 | 16495 | ** | Jun high | |
| R3 | 16770 | ** | 26 Sep high | S2 | 16350 | * | congestion | |
| R2 | 16730 | * | 10 Apr low | S3 | 16250 | * | 25 Aug low | |
| R1 | 16600 | * | congestion | S4 | 16100 | ** | 14 Aug low |
Asterisk denotes strength of level
05:05 GMT - Consolidation above the 16540 low has given way to break to extend losses from the 16770, September high. Nearby see strong support at the 16495, June-August range highs. Negative daily and weekly studies suggest scope for break here to open up room for deeper pullback to retrace the August/September gains and see room for extension to the 16400/16350 area. Meanwhile, resistance is lowered to 16600 congestion which is now expected to cap and sustain pullback from the 16770 high.