FX.co ★ Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Tuesday May 28, 2024.

With the appearance of hidden deviations on the daily chart of the exotic currency pair of USD/IDR, in the next few days USD/IDR will try to test the 16132 level. If this level is successfully touched, USD/IDR has the potential to be corrected, weakening briefly to the level of 15904, but during the correction This weakening does not continue and does not breaks below the 15838 level, so USD/IDR still has the potential to continue strengthening up to the 16279.77 level because the strengthening and dominance of buyers has been confirmed by the condition of the Golden Cross intersection of the 50 MA which is above the 200 MA.

(Disclaimer)