Home›Forex›Major Pairs›Indonesian Rupiah: Watching for retracement signs – OC…

Indonesian Rupiah: Watching for retracement signs – OCBC

Reported · Written up by our desk · Major Pairs

OCBC’s Sim Moh Siong and Christopher Wong report that IDR remains under pressure despite new IDX measures to address MSCI’s transparency concerns. They retain a mildly cautious bias, stressing that enforcement and foreign portfolio flows will be crucial for restoring confidence. Technically, USD/IDR shows mild bullish momentum near prior highs, with resistance and support levels framing potential retracement.

More like this

Sources