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USD/IDR is currently trading at 14,250, down from the 9-week high of 14,335 hit on Friday.  

Despite the pullback, the outlook remains bullish, as both inverse head-and-shoulders and falling wedge breakout, confirmed on Friday, are still valid.  

The 5- and 10-day moving averages (MAs) are trending north. Further, the 5- and 10-week MAs have produced a bullish crossover.  

So, the pair could bounce from the ascending 5- and 10-week MAs, currently at 14,216 and 14,140, respectively.  

Daily chart

Trend: Bullish