Over the past few years, we've seen the rupiah exchange rate consistently weaken.
The US dollar has consistently risen.
Given this situation, we can hedge by holding some US dollars as an investment asset.
Despite this situation, it indicates that our country's economy is still under pressure and has not yet improved.
However, this is attractive enough to warrant investment.
We could buy at 16,439 or 16,169. However, if the price falls further, breaking through 16,064, we should wait for confirmation of a minor structural change, perhaps around 15,224. Here, we can wait for signs of structural change.
The US dollar has consistently risen.
Given this situation, we can hedge by holding some US dollars as an investment asset.
Despite this situation, it indicates that our country's economy is still under pressure and has not yet improved.
However, this is attractive enough to warrant investment.
We could buy at 16,439 or 16,169. However, if the price falls further, breaking through 16,064, we should wait for confirmation of a minor structural change, perhaps around 15,224. Here, we can wait for signs of structural change.
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.
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.