Today's IDR to JPY Price Update

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Summary

This report provides the real-time exchange rate between the Indonesian Rupiah (IDR) and Japanese Yen (JPY), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Indonesian Rupiah (IDR) is the official currency of Indonesia, while the Japanese Yen (JPY) is a major global reserve currency. The exchange rate between them reflects market dynamics in Southeast Asian and East Asian economies, as well as investor sentiment toward currency valuations in these regions.

Today’s Price

  • 1 IDR = 0.00938 JPY
  • 24h High: 0.0093971 JPY
  • 24h Low: 0.0093827 JPY

Market Analysis

Recent IDR/JPY price movements reflect shifting market conditions between the Indonesian and Japanese economies. Technical indicators show mixed signals for the pair.

  • Technical levels: The 14-day RSI stands at 79.902, indicating overbought conditions, suggesting potential pullback risks in the near term
  • Risk note: Overbought conditions may lead to short-term consolidation or correction; monitor support levels closely
  • Trading opportunities: Watch for potential reversal patterns near resistance levels and consider entry points during pullbacks if support holds

Conclusion

Continue to monitor the IDR/JPY pair closely, integrating technical indicators with broader market sentiment. Traders should remain alert to overbought conditions and adjust positioning accordingly to manage risk effectively.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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