Published: 2025-11-21T05:32:50.000Z
Chart USD/IDR Updates: Lower in consolidation beneath 16770, September high
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Settled back just beneath resistance at the 16770 September high as prices consolidate gains from the 16525 swing low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 16970 | ** | 9 Apr all-time high | S1 | 16660 | * | 10 Nov low | |
| R3 | 16885 | * | 23 Apr high | S2 | 16600 | * | congestion | |
| R2 | 16800 | * | congestion | S3 | 16525 | * | Oct low | |
| R1 | 16770 | ** | Sep high | S4 | 16495 | ** | Jun high |
Asterisk denotes strength of level
05:30 GMT - Settled back just beneath resistance at the 16770 September high as prices consolidate gains from the 16525 swing low and unwind overbought daily studies. Pullback see support at the 16700/16660 area which is expected to underpin. Would take break here to fade the upside pressure and see room for deeper pullback to retrace gains from the 16525, October low. Would take break above 16770 September high to extend the broader gains from the August current year low at 16100 and see room towards 16800 level and 16885, late-April high at 16885.