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01.07.2024 09:11 AM
Technical Analysis of Intraday Price Movement of USD/IDR Exotic Currency Pairs , Monday July 01, 2024.

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With the appearance of deviations between price movements and the Awesome Oscillator indicator on the 4-hour chart, the exotic currency pair USD/IDR has the potential to weaken to level 16354. If this level is successfully broken below, USD/IDR has the potential to continue weakening to level 16317 as the main target and If the momentum and volatility are supportive then 16264 will be the next target to be aimed at, but all of these scenarios will automatically cancel if on the way to these targets it suddenly turns stronger and penetrates above the 16469 level.

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