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10.03.2025 06:43 AM
On the daily chart, the exotic currency pair USD/IDR, although still in a Bull condition, but with the appearance of Divergence between price movements and the Awesome Oscillator indicator and the appearance of the Bearish Pitchfork Channel, it seems to provide an indication that in the next few days it has the potential to weaken down even though there is a slight potential for strengthening towards the Bearish Fair Value Gap area level, but as long as the strengthening does not break and close above the level of 16439.92, the USD/IDR will weaken down again where the level of 16159 will be tried to be tested even if the momentum of weakening and volatility supports it, then 16049 will be the next target to be aimed for.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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