- Pair is well supported above 13400 marks and recovers from fresh 3 month low at 13335 levels.
- It made intraday high at 13495 and low at 13395.
- BI is scheduled to release interest rate decision on its 17-18 February meeting.
- BI is likely to lower its interest rate by 25bp to 7.0% from 7.25%.
- If the rate cut takes place then IDR likely to fall against major peers.
- Major support levels are seen at 13335, 13285 and 13248 thereafter.
- On the other side, resistance levels are seen at 13495, 13636 and 13814 levels.
Trading Call:
Long USD/IDR at current price 13435, stop loss 13335 and target 13600.


FxWirePro:EUR/AUD eases but bullish outlook persists
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major European Indices
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Woodies Pivot(Major) 



