USD/IDR faces further consolidation near term – UOB – by pabspiovano USDIDR Indonesia Currencies Crosses Banks
us now expected to navigate within the 15,285-15,450 range in the short term, according to Markets Strategist Quek Ser Leang at UOB Group.“USD/IDR traded between 15,250 and 15,450 last week, narrower than our expected consolidation range of 15,330/15,450.”
“The price actions offer no fresh clues and we continue to expect USD/IDR to consolidate. Expected range for this week, 15,285/15,450.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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