Published: 2026-10-16T04:26:20.000Z
Chart USD/IDR Updates: Breakout return focus to 18126/18180, July/June highs
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Consolidation above the 17880/17860 support has given way to pop higher through the June channel resistance and 18000 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18300 | projection | S1 | 17860 | * | 30 Sep low | ||
| R3 | 18180 | ** | 8 Jun all-time high | S2 | 17770 | * | 10 Aug low | |
| R2 | 18126 | ** | 13 Jul high | S3 | 17690 | ** | Jun low | |
| R1 | 18090 | * | 28 Jul high | S4 | 17600 | * | congesion |
Asterisk denotes strength of level
04:20 GMT - Consolidation above the 17880/17860 support has given way to pop higher through the June channel resistance and 18000 level to extend gains from the 17500, September low. Focus now turn to the 18090 and 18126 July highs but potential is for retest of the 18180, all-time high of 8 June. Would expect reaction at the latter but break here cannot be ruled out. Clearance will extend the underlying bull trend and see room to 18300/18500 projection targets. Meanwhile, support remains at 17880/17860 area which should underpin and sustain gains from the September low.