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03.03.202508:07 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Monday March 03, 2025.

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 03.03.2025 analysis

In the next few days, the exotic currency pair USD/IDR has the opportunity to correct and weaken down to below the area level of 16439.92-16372.18 based on the appearance of deviations between the price movement of USD/IDR and the Awesome Oscillator indicator on its daily chart if this area level is successfully breaks and closes below it, then 16159 will be the next target to be aimed for, but if it turns out that USD/IDR strengthens again, especially if it successfully breaks and closes above the level of 16568.29, then all possibilities for a weakening correction that have been described previously will be invalid and automatically canceled by themselves.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

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