USD/IDR may rise to 15865 - 16063

Our pivot point stands at 15168.

Our preference

Rebound towards 16063.

Alternative scenario

Below 15168, expect 14836 and 14639.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 15496 and 15902).

Supports and resistances

16459 **

16261 *

16063 **

15865

15445 last

15299

15168 **

14836 *

14639 **

Number of asterisks represents the strength of support and resistance levels.