Published: 2026-07-07T05:29:40.000Z
Chart USD/INR Update: Consolidating below 95.4000 high
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Little change, as prices extend consolidation below the 95.4000 high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 96.3000 | 22 May high | S1 | 95.0000 | * | congestion | ||
| R3 | 96.0000 | * | figure | S2 | 94.1500 | ** | Jun low | |
| R2 | 95.8500 | ** | Jun high | S3 | 94.0000 | figure | ||
| R1 | 95.4000 | * | 2 Jul high | S4 | 93.4700 | ** | 15 Apr high |
Asterisk denotes strength of level
05:20 GMT - Little change, as prices extend consolidation below the 95.4000 high. Overbought daily studies caution pullback to the 95.0000 level. Below the latter will return focus to the 94.1500 June low to retest and see scope to extend losses from the May current year high. Lower will see room for extension to strong support at 93.4700, mid-April high. Meanwhile, break above the 95.4000 high will see room for further gains to strong resistance at the 95.8500/96.0000 June high and congestion area.