Published: 2025-11-14T05:32:47.000Z
Chart USD/IDR Updates: Room to extend gains
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Pressure remains on the upside as prices looks to extend gains from the 16525, October low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 16885 | * | 23 Apr high | S1 | 16660 | * | 10 Nov low | |
| R3 | 16800 | * | congestion | S2 | 16600 | * | congestion | |
| R2 | 16770 | ** | Sep high | S3 | 16525 | * | Oct low | |
| R1 | 16733 | 13 Nov high | S4 | 16495 | ** | Jun high |
Asterisk denotes strength of level
05:30 GMT - Pressure remains on the upside as prices looks to extend gains from the 16525, October low. Higher will see scope for retest of the 16770, September high. Clearance here will see room to the 16800 level and resistance at 16885, late-April high. Beyond this will turn focus to 16970, 9 April YTD high. Meanwhile, support is raised to the 16660 support which extend to the 16600 congestion. Would take break here to fade the upside pressure and open up room for retest of support at 16525/16495, October low and the June-August range highs.