USDIDR: Solid support lies at 15,340 – UOB

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USDIDR: Solid support lies at 15,340 – UOB – by pabspiovano USDIDR Indonesia Crosses Currencies

should meet tough contention around 15,340 in the short-term horizon, notes Markets Strategist Quek Ser Leang at UOB Group’s Global Economics & Markets Research.“While USD/IDR dropped sharply by 1.56% last week, downward momentum has not improved much.”, any decline is expected to face solid support at 15,340 . Resistance is at 15,640, followed by 15,680.”

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