USD/IDR struggles between two-week-old descending trend-line and 200-bar SMA. 23.6% and 61.8% Fibonacci retracement levels offer additional numbers to watch. Having registered another pullback from near-term resistance-line, USD/IDR takes the rounds to 14,230 during Tuesday’s Asian morning. The quote currently declines towards 61.8% Fibonacci retracement of July-August upside, at 14,150, whereas 200-bar simple moving average (SMA) near 14,130 will restrict further declines. In a case prices drop below 14,130, 14,070, 14,050 and 14,000 round-figure could entertain sellers ahead of highlighting July month low of 13,884. Meanwhile, an upside clearance of 14,340 resistance-line can trigger fresh rally towards 23.6% Fibonacci retracement level of 14,418 before pushing buyers to 14,442 and 14,582 numbers to the north. USD/IDR 4-hour chart Trend: Sideways 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 AUD/USD pulls back to 200-HMA ahead of RBA’s Debelle speech FX Street 4 years USD/IDR struggles between two-week-old descending trend-line and 200-bar SMA. 23.6% and 61.8% Fibonacci retracement levels offer additional numbers to watch. Having registered another pullback from near-term resistance-line, USD/IDR takes the rounds to 14,230 during Tuesday's Asian morning. The quote currently declines towards 61.8% Fibonacci retracement of July-August upside, at 14,150, whereas 200-bar simple moving average (SMA) near 14,130 will restrict further declines. In a case prices drop below 14,130, 14,070, 14,050 and 14,000 round-figure could entertain sellers ahead of highlighting July month low of 13,884. Meanwhile, an upside clearance of 14,340 resistance-line can trigger fresh rally towards 23.6% Fibonacci retracement… 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.
