USD/IDR extends recovery moves from 14,511 to again attack the weekly top. Monthly support line, 200-bar SMA restrict immediate downside. The pair bulls will eye the 15,000 threshold during the further rise. USD/IDR trims the early-day losses while picking up the bids near 14,662, down -0.20% on a day, during the pre-European session on Friday. The pair recently recovered from 14,511 to challenge the weekly high of 14,766. While doing so, the buyers will keep eyes on the ascending trend line from July 01 and 200-bar SMA, currently around 14,470/80, a break of which could trigger a fresh downside towards 61.8% Fibonacci retracement level of the quote’s rise from June 08 to July 20, around 14,275. Though, the pair’s downside past-14,275 will find multiple supports before meeting 14,000 round-figures and June month’s bottom surrounding 13,850. Alternatively, a clear break of 14,750 could propel the USD/IDR prices towards the monthly top of 14,958 whereas the 15,000 mark and May 25/26 high near 15,020 could challenge the bulls afterward. USD/IDR four-hour chart Trend: Bullish FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next DeFi is smaller than most digital assets – Messari FX Street 3 years USD/IDR extends recovery moves from 14,511 to again attack the weekly top. Monthly support line, 200-bar SMA restrict immediate downside. The pair bulls will eye the 15,000 threshold during the further rise. USD/IDR trims the early-day losses while picking up the bids near 14,662, down -0.20% on a day, during the pre-European session on Friday. The pair recently recovered from 14,511 to challenge the weekly high of 14,766. While doing so, the buyers will keep eyes on the ascending trend line from July 01 and 200-bar SMA, currently around 14,470/80, a break of which could trigger a fresh downside towards… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
