I believe there are positive impacts.
I monitor USDIDR to see if Investors agree with the impacts.
USDIDR is forming a Bearish Continuation Pattern since June 2020. Meaning, there is a potential Downward Move and it has just begun after USDIDR fall below Rp14,750.
USDIDR could continue falling to Rp13,600, meaning Rupiah could continue its strength.
I monitor USDIDR to see if Investors agree with the impacts.
USDIDR is forming a Bearish Continuation Pattern since June 2020. Meaning, there is a potential Downward Move and it has just begun after USDIDR fall below Rp14,750.
USDIDR could continue falling to Rp13,600, meaning Rupiah could continue its strength.
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