Published: 2026-05-22T04:19:30.000Z
Chart USD/IDR Updates: Shallow pullback from 17730 historic high
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Limited on pullback from the 17730 historic high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 18500 | figure | S1 | 17600 | congestion | |||
| R3 | 18000 | ** | figure | S2 | 17520 | * | 12 May high | |
| R2 | 17800 | projection | S3 | 17437 | * | 5 May high | ||
| R1 | 17730 | ** | 19 May all-time high | S4 | 17300 | * | 23 Apr high |
Asterisk denotes strength of level
04:15 GMT - Limited on pullback from the 17730 historic high with bounce from the 17600 support sustaining bullish gains from the 16705, January low. Above the 17730 high will see room for extension to 17800 projection targets then the 18000 figure where reaction can be expected to unwind overbought daily and weekly studies. Below the 17600 support will open up room for deeper pullback to 17520 high of last week. Break here will ease the upside pressure and see room for deeper corrective pullback to retrace parabolic gains from the January low.