Published: 2026-09-03T04:38:23.000Z
Chart USD/IDR Updates: Weighing on 17690/17685 lows
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Settling back from test of the 17770 resistance to pressure the 17690/17685 June/August lows
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18126 | ** | 13 Jun high | S1 | 17685 | * | Aug low | |
| R3 | 18000 | * | congestion | S2 | 17600 | * | 20 May low | |
| R2 | 17880/900 | ** | Jul low, congestion | S3 | 17520 | * | 12 May high | |
| R1 | 17770 | * | 10 Aug low | S4 | 17385 | * | 38.2% 2025/2026 rally |
Asterisk denotes strength of level
04:40 GMT - Settling back from test of the 17770 resistance to pressure the 17690/17685 June/August lows. Break here to extend the broader losses from the June current year high to 17600 level. Lower still, will see scope for deeper pullback to retrace gains from the August 2025 year low to 17520 support and 17385, 38.2% Fibonacci level. Meanwhile, resistance remains at the 17770/17800 area which is expected to cap. Would take break here to open up room for stronger bounce to retrace losses from the 18126 swing high to strong resistance at the 17880/17900 previous July lows.