Published: 2026-07-30T04:39:59.000Z
Chart USD/IDR Updates: Consolidating, but still firm
1
Keeping below the 18100 level as prices consolidate bounce from the 17900/17880 low of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18485 | projection | S1 | 18000 | * | congestion | ||
| R3 | 18200 | projection | S2 | 17880 | ** | 21 Jul low | ||
| R2 | 18180 | ** | 8 Jun all-time high | S3 | 17845 | * | 29 Jun low | |
| R1 | 18126 | * | 13 Jul high | S4 | 17800 | * | congestion |
Asterisk denotes strength of level
04:40 GMT - Keeping below the 18100 level as prices consolidate bounce from the 17900/17880 low of last week. However, pressure remains on the upside with the ascending triangle from the June low suggesting scope for retest of the 18126 high and where break will see room for retest of the 18180, June all-time high. Would expect reaction at the latter but a later break cannot be ruled out to extend the underlying bull trend. Meanwhile, support is raise to the 18000 level which should underpin. Only below here and the 17900/17880 area will fade the upside pressure.