Published: 2026-07-21T04:22:49.000Z
Chart USD/IDR Updates: Under pressure, room for deeper pullback
1
Consolidating at the 17900 low but pressure remains on the downside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18200 | projection | S1 | 17900 | 17 Jul low | |||
| R3 | 18180 | ** | 8 Jun all-time high | S2 | 17800 | * | congestion | |
| R2 | 18126 | * | 13 Jul high | S3 | 17690 | ** | 15 Jun low | |
| R1 | 18000 | * | congestion | S4 | 17600 | * | congestion |
Asterisk denotes strength of level
04:20 GMT - Consolidating at the 17900 low but pressure remains on the downside and see room for break to extend losses from the 18126 high. Lower will see room for deeper pullback to retrace strong gains from the 17690 June low to support at the 17845/17800 area. Below this will return focus to the 17690 low and see scope for break to extend the broader losses from the 18180 all-time high. Meanwhile, resistance at the 18000 congestion and extending to the 18126 high are expected to cap any corrective bounce.