#USDIDR @ 15,465.0 faces the next support at 15,280 – UOB
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
In the view of Markets Strategist at UOB Group Quek Ser Leang, the downside momentum could drag USD/IDR to the 15,280 region.
“The sharp drop in USD/IDR last week was accompanied by strong downward momentum and further losses are likely this week. The support levels to watch are at 15,280 and 15,100”.
“Resistance is at 15,560, a break above 15,640 would indicate that the weakness in USD/IDR has stabilized.”
[/s2If]
Join Our Telegram Group
