USD/IDR: Upward momentum improves further – UOB – by pabspiovano USDIDR Currencies Crosses Banks Indonesia
“After USD/IDR dropped to a low of 14,560 and rebounded, we highlighted last Monday that ‘the weakness in USD/IDR appears to have stabilized’ and we expected it to ‘consolidate in a range between 14,550 and 14,740’. However, USD/IDR did not exactly consolidate as it rebounded from 14,650 to 14,765.”
“USD/IDR continue to rise today and the improving upward momentum suggests it could advance to 14,930. A break of this level is not ruled out but it is premature to expect USD/IDR to breach the next major resistance at 14,980.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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Indonesia Berita Terbaru, Indonesia Berita utama
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