Rupiah is in Hazardous Road

FX_IDC:USDIDR   U.S. Dollar / Rupiah
125 0

I predict Rupiah ( USDIDR ) might keep depreciating to more than Rp14,300/USD.

If Rupiah Breakout Resistance (Rp14,300/USD), then the possibility of Rupiah strengthening to Rp13,600/USD or any level below Rp14,000/USD is vanished. Rupiah will be on the verge to keep weakening to its lowest level at Rp15,300/USD.

Rupiah must move below Rp14,000/USD in the next 1-2 weeks to shrink any threats that make Rupiah might keep decreasing to Psychology level at Rp15,000/USD.

Comment: Rupiah broke Resistance in Rp14,300/USD which means Rupiah is in Depreciating Trend agains US Dollar.

Rupiah could possibly keep weakening to reach Rp15,000/USD to Rp15,300/USD.
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