Pennant pattern in D1/H4, continuation BULLISH target at 15200
This has been a tough one to make a prediction because it is at the same level during the crisis in 1998, but notice it is the new normal for Rupiah, even though nominal term seems horrifying, but in terms of percentage it is tamer than of that in 1998, 2008/2009 and 2015. Looking at the 3 flags pattern there are probability that IDR may hit 15k in the near term....
The bullish momentum seems can't be stopped till this end of year.
I'm betting on Rupiah strengthened against dollar if Mr. Prabowo being elected in next 2019 president election and predicting Rupiah will go straight above 15K-ish if Mr. Jokowi continue to the second period. My ressistant and support is above. Mr. Prabowo x Mr. Sandi = Military x Businessman = IDR will be strengthened to 12K-ish Mr. Jokowi x Mr. Ma'aruf Amin =...
The dollar tests its ability to head to 16000 or will it return to the price of 13000? All can happen
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...
Not pretending this is a sure thing, there's still potential for higher dollar versus Indonesian rupiah, but, from a technical analysis perspective, we're at a key level and very well poised for a quick correction.
idr will continue weak but limited until red line not break it will safe until 2019, if break red line it will go up and fly for usd
Hi Traders, Today i want to share about how forex can help my judgement to buy some USD for my export import business payment. I import commodity from european and from australia with USD as payment term. so hope this chart can become an example if you in the same situation as i am. this chart is my prediction and help me to make decision where i should buy some...
Trend pelemahan pada dollar akhir akhir ini pada mata uang utama dapat memperngaruhi rupiah untuk menguat berikut forecast sederhana untuk rupiah CMIIW IMHO Cheers :-)
usdidr short setup, price wil not go higher than 14.149 and the target is 13000