Rupiah to Strengthening to Rp13,600 agains US Dollar

2019-11-11 11:05:25

The strong move of Rupiah since May'19 at Rp14,500 against US Dollar should continue after Rupiah Break Support at Rp13,900.

Rupiah gave 2 indications it is on Downtrend moves: when Rupiah failed to rise above Rp14,300 (Aug'19) and again failed to rise above Rp14,200 (Oct'19).

Once Break Support, Rupiah could continue strengthening to Rp13,600 and will stay at Downtrend.