Published: 2025-11-17T05:09:55.000Z
Chart USD/IDR Updates: Poised for retest of 16733 high
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Still supported with higher lows from the 16525 October low keeping pressure on the upside for retest of the 16733 high
| 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
05:10 GMT - Still supported with higher lows from the 16525 October low keeping pressure on the upside for retest of the 16733 high. Higher will see scope for retest of the 16770, September high. Clearance here will see room for extension to the 16800 level and the late-April high at 16885. Beyond this will turn focus to 16970, 9 April YTD high. Meanwhile, support is raised to 16660 and extending to the 16600 congestion. Would take break here to fade the upside pressure and open up room for retest of 16525/16495, October low and June-August range highs.