Considering the recent price action, USD/IDR could slip back to the 14,885 level in the short term, comments Markets Strategist Quek Ser Leang at UOB Group.
Considering the recent price action, USD/IDR could slip back to the 14,885 level in the short term, comments Markets Strategist Quek Ser Leang at UOB Group.
Key Quotes
We expected USD/IDR to “advance further” last week. We indicated that “the major resistance at 15,315 is likely out of reach.” However, after rising to 15,219, USD/IDR turned around and plummeted to a low of 14,910.
The sharp and swift drop has scope to extend even though June’s low of 14,815 is unlikely to come into view this week (there is another support level at 14,885). On the upside, 15,165 is a strong resistance level now. Minor resistance is at 15,085.
We expected USD/IDR to “advance further” last week. We indicated that “the major resistance at 15,315 is likely out of reach.” However, after rising to 15,219, USD/IDR turned around and plummeted to a low of 14,910.
The sharp and swift drop has scope to extend even though June’s low of 14,815 is unlikely to come into view this week (there is another support level at 14,885). On the upside, 15,165 is a strong resistance level now. Minor resistance is at 15,085.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
喜欢的话，赞赏支持一下
暂无评论。 来发表第一条观点吧。