Chart USD/IDR Updates: Room to extend June losses
Break of the 17690 support see prices extending the broader losses from the 18180, June current year high to reach 17630 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18000 | * | congestion | S1 | 17600 | * | 20 May low | |
| R3 | 17880/900 | ** | Jul low, congestion | S2 | 17520 | * | 12 May high | |
| R2 | 17770 | * | 10 Aug low | S3 | 17385 | * | 38.2% 2025/2026 rally | |
| R1 | 17690 | ** | Jun low | S4 | 17300 | * | congestion |
Asterisk denotes strength of level
05:00 GMT - Break of the 17690 support see prices extending the broader losses from the 18180, June current year high to reach 17630 low. Negative daily and weekly studies keep pressure on the downside and see room for further losses going forward to retrace gains from the August 2025 year low. Nearby see scope to support at 17600 low of 20 May and the 17520/17500 area. Lower still, will see room to 17385, 38.2% Fibonacci level. Meanwhile, resistance is lowered to 17690 June low which is expected to cap. Close above here will see room for stronger bounce to resistance at the 17770/17800, area.