USD/IDR may rise 68 - 102 pips

Our pivot point is at 15570.

Our preference

The upside prevails as long as 15570 is support.

Alternative scenario

Below 15570, expect 15513 and 15479.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 15596 and 15571).

Supports and resistances

15785 **

15751 *

15717 **

15683

15615 last

15593

15570 **

15513 *

15479 **

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