empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

01.07.202409:11 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of USD/IDR Exotic Currency Pairs , Monday July 01, 2024.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 01.07.2024 analysis

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.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off