Published: 2025-10-01T05:14:41.000Z
Chart USD/IDR Updates: Room for deeper pullback from 16770 high
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Little change, as prices extend consolidation below the 16770 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 16970 | ** | 9 Apr all-time high | S1 | 16600 | * | congestion | |
| R3 | 16885 | * | 24 Apr high | S2 | 16495 | ** | Jun high | |
| R2 | 16800 | * | congestion | S3 | 16350 | * | congestion | |
| R1 | 16770 | ** | 26 Sep high | S4 | 16250 | * | 25 Aug low |
Asterisk denotes strength of level
05:10 GMT - Little change, as prices extend consolidation below the 16770 high of last week. Daily studies are unwinding overbought readings and suggest room for pullback to retrace gains from the 16100, August low. Nearby see support starting at 16600 congestion. Would take break here to open up room to the strong support at the 16495, June-August range highs, which is expected to underpin. Break here will fade the upside pressure and further retrace gains from the 16100 low. Meanwhile, resistance at the 16770 high is expected to cap.