FX.co ★ Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs , Monday January 22, 2024.

Currently, on the daily chart of the USD/IDR currency pair, hidden deviations can be seen between price movements and the CCI indicator, coupled with confirmation that the USD/IDR price movement is above MA 30 and the emergence of the Descending Broadening Wedge pattern, so as long as there is no downward correction that penetrates below level 15369 then USD/IDR will strengthen again to level 15724 as the main target and if the momentum and volatility are strong enough then level 15964 will be the next target to be aimed at.

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