07.10.202406:21 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Monday October 07, 2024.

Relevance up to 22:00 2024-10-11 UTC--4

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With the detection of deviations between the price movements of the exotic currency pair USDIDR with the RSI(5) indicator which gives an indication that in the next few days the USD will strengthen against the Garuda currency where the level of 15581 will be tested and penetrated upwards where if this level is successfully broken then it will be a sign of strengthening the greenback against the Rupiah although in the next few days there could be a correction of weakening against the USD but as long as the weakening does not break and close below the level of 15155.10 then the USD still has the potential to strengthen to the level of 15785.73 as its main target and if the momentum and volatility support it is not impossible that the level of 16095 will be the next target.

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