USDIDR is testing a significant resistance zone that has consistently reversed bullish trends into bearish moves. The recent bullish push into this area suggests potential selling opportunities.I personally anticipate a move toward 16,215.2.
On the other hand, a break above this resistance could indicate a shift in sentiment.
Traders should monitor this zone closely and wait for confirmation before entering short positions. If you have any thoughts on this setup or additional insights, drop them in the comments!
Trade active
Trade closed: target reached
Perfect delivery.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.