26.05.202508:50 Forex Analysis & Reviews: Technical Analysis of Intraday Daily Price Movement of USD/IDR Exotic Currency Pairs, Monday May 26, 2025.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

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)

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.