Indonesian Rupiah - BUY (sell the pair)

FX_IDC:USDIDR   U.S. Dollar / Rupiah
308 0 2

I have been watching this for a while and had target 13000.

here we are. I have difficulties seeing the currency depreciate more and reach the 1998 Armageddon level.

There is a very tiny risk Indonesian rupiah depreciates further but there is 90% it will appreciate from here.

In any case if you exchange here into rupiah, you get the best rate expect for 3 months in 1998.
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