Published: 2026-06-30T05:26:20.000Z
Chart USD/IDR Updates: Leaning lower in consolidation
1
Leaning lower in consolidation from the 17974 high of last week as prices unwind overbought intraday and daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18470 | projection | S1 | 17800 | * | congestion | ||
| R3 | 18200 | congestion | S2 | 17690 | ** | 15 Jun low | ||
| R2 | 18180 | ** | 8 Jun all-time high | S3 | 17600 | * | 38.2% Jan/Jun rally | |
| R1 | 17974 | ** | 26 Jun high | S4 | 17520 | * | 12 May high |
Asterisk denotes strength of level
05:20 GMT - Leaning lower in consolidation from the 17974 high of last week as prices unwind overbought intraday and daily studies. Weekly studies are stretched as well and suggest room for deeper pullback to the 17800 support. Break of the latter will return focus to the downside for retest of the 17690 low and where break will extend broader losses from the 18180 all-time high. Lower will see room to support at 17600, 38.2% Fibonacci retracement. Meanwhile, resistance at the 17974/18000 area is expected to cap and sustain losses from the 18180 high.