Indonesia rupiah would like to weakening since we've got a pennant pattern on this market as their bullish continuation signal. Buy on break should be your consideration with the supply area as price target and 14300 as a bullish invalidation if the price goes down and close below it
Well... as I charted before (months ago), we will see a break down of USD, but still, if U zoom it out, it still in the up-trend!!!
My worst-case level for USD-IDR pair would be at 14,000 which align with my trending up blue line!!!
It may not even reach that point, as USD itself has many supports line before breaks and touch the 14,000 area!!!
#not financial...