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FX.co ★ Technical Analysis of Intraday Daily Price Movement of USD/IDR Exotic Currency Pairs, Monday May 26, 2025.

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Forex Analysis:::2025-05-26T06:50:51

Technical Analysis of Intraday Daily Price Movement of USD/IDR Exotic Currency Pairs, Monday May 26, 2025.

Technical Analysis of Intraday Daily Price Movement of USD/IDR Exotic Currency Pairs, Monday May 26, 2025.

From what is seen on the daily chart of the exotic currency pair USD/IDR, it appears that a Bearish 123 pattern has showed up followed by a Bearish Ross Hook (RH) plus confirmation with its price movement moving below the EMA (21), then it is confirmed that in the next few days as long as there is no further strengthening that breaks through and closes above the level of 16584.00, USD/IDR will weaken again down to the level of 15998.55 as its main target and if the momentum and volatility of the weakening support it, 15750.33 will be the next target to be aimed for.

(Disclaimer)

Analyst InstaForex
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