Published: 2026-01-27T04:59:34.000Z
Chart USD/IDR Updates: Consolidating at 16800/16770 support
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Steadied at the 16770 support as prices consolidate losses from the 16975 record high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 17270 | * | projection | S1 | 16770 | * | Sep high | |
| R3 | 17050 | * | projection | S2 | 16690 | ** | 31 Dec low | |
| R2 | 16975 | ** | 20 Jan all-time high | S3 | 16640 | * | 38.2% Aug/Jan rally | |
| R1 | 16885 | * | 23 Apr high | S4 | 16600 | * | congestion |
Asterisk denotes strength of level
05:00 GMT - Steadied at the 16770 support as prices consolidate losses from the 16975 record high and unwind oversold intraday studies. However, this is expected to give way to renewed selling pressure later and lower will see deeper pullback to retrace strong gains from the April low. Break will see extension to support at 16700/16690 and 16640, 38.2% Fibonacci level. Meanwhile, resistance at the 16885/16900 area is expected to cap and sustain losses from the 16975 high.