FX.co ★ Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs , Monday December 04 2023.

On the daily chart of Garuda currency there is seems appearance of deviation between price movement with Stochasti Oscillator indicator, as weel as failing Wedge pattern which everything gives clue that in a few days ahead, USD/IDR has the chance to go back to its weakness against Greenback, where as long as Rupiah not return to be strong until breaks below the level 15355,12, then Rupiah will back weakness until breaks above the level 15737,84 as the main target and if the momentum as well as the volatility stong enough, then the level 15932,85 will be the next target to be aimed of.

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