Published: 2026-07-01T05:42:16.000Z
Chart USD/INR Update: Higher in consolidation from 94.1500 low
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Edging higher in consolidation from the 94.1500 low as prices unwind oversold daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 96.0000 | * | figure | S1 | 94.1500 | * | 25 Jun low | |
| R3 | 95.8500 | ** | 3 Jun high | S2 | 94.0800 | ** | May low | |
| R2 | 95.2100 | ** | Mar high | S3 | 93.4100 | ** | 15 Apr high | |
| R1 | 94.9150 | * | 24 Jun high | S4 | 93.0000 | * | figure |
Asterisk denotes strength of level
05:40 GMT - Edging higher in consolidation from the 94.1500 low as prices unwind oversold daily studies and see room to retest the 94.9150 high of last week. Break here, if seen, will see scope for stronger gains to retest resistance at the 95.2100 March high which is expected to cap. Corrective bounce is expected to give way to renewed selling pressure later to retest the 94.1500 and 94.0800 lows. Break of these will extend the May losses and see room for extension to support at 93.4100 then the 93.0000 figure.