USD/IDR Almost bearish?Now price of USD/IDR has reach its peak from 2014-2015 run, is USD/IDR still too high? maybe yes, its reach last highest price.
so? its preferred that holders will selling their dollars to rupiahs soon by now, or if they dont, not many people want to buy dollar at this time...
Indonesia
AUDJPY Buy SetupThis setup is a bit late, but we still have a chance to buy.
after complete inverted head and shoulders pattern, break break neckline, pullback and bounce.
we can take a buy position when price pullback again to minor support.
targeting 50 persen fibonacci retracement on structure resistan.
EURUSD on the Resistantafter some upside movement, price back to resistant level.
we can try to catch another potential downside movement.
But for this, we need some confirmation. we need to wait price to break minor support on the red zone, after that we take a short on pullback.
RSI also shown overbought
SL above the high. targer on chart