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20.01.202506:22 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Monday January 20, 2025.

Exchange Rates 20.01.2025 analysis

With the appearance of the Rising Wedge pattern and Divergence between the price movement of the exotic USD/IDR currency pair with the RSI indicator (5), it confirms the potential for a weakening correction in this currency, where as long as there is no continuation of strengthening that breaks through and closes above the level of 16474.00, it will provide the potential for weakening in the next few days where USD/IDR will be corrected to weaken to the level of 16087.60 if the momentum and volatility support it, then the weakening could continue to the level of 15719.81 as the main target and 15419.00 as the next target.

(Disclaimer)

*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.

Arief Makmur,
Analytical expert of InstaSpot
© 2007-2025
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