USD/IDR-TA
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December 12, 2023 5:09 AM UTC
Asterisk denotes strength of level
05:00 GMT - Extending gains from the 15360 low of November as break above 15618 see room for continuation to the 15683 resistance then the 15721/15740 area. Gains are seen corrective and lower high sought to pressure the downside later. Meanwhile, support is raised
December 11, 2023 5:49 AM UTC
Asterisk denotes strength of level
05:40 GMT - Consolidation around the 15500 level has given way to sharp bounce to extend gains from the Nov low to retest strong resistance at the 15618 high. Break here, will open up further gains to the 15644/15683 area. Higher still will see scope to the 15721/15