Published: 2025-10-29T06:18:56.000Z
Chart USD/IDR Updates: Drifting narrowly within 16640/16600 range
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Little change, as prices drift narrowly within the 16640/16600 range area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 16800 | * | congestion | S1 | 16600 | * | congestion | |
| R3 | 16770 | ** | 26 Sep high | S2 | 16525 | * | 9 Oct low | |
| R2 | 16700 | * | figure | S3 | 16495 | ** | Jun high | |
| R1 | 16640 | * | 23 Oct high | S4 | 16355/350 | * | 61.8%, congestion |
Asterisk denotes strength of level
06:15 GMT - Little change, as prices drift narrowly within the 16640/16600 range area. Would take break of the 16600 level to open up room for deeper pullback to retrace gains from the 16525 low. A later break here will extend the broader losses from the 16770 high retrace the August/September rally and see room to strong support at the 16495, June-August range highs. Lower still, will see extension to the 16355/16350 area. Meanwhile, resistance at the 16640 high expected to cap and limit corrective bounce.