Published: 2026-07-20T06:00:09.000Z
Chart USD/INR Update: Extending gains
5
Extending gains from the 94.1500 June double bottom to reach resistance at 96.5000
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 97.0900 | projection | S1 | 95.8500 | * | Jun high | ||
| R3 | 97.0000 | * | figure | S2 | 95.5000 | * | congestion | |
| R2 | 96.9600 | ** | 20 May all-time high | S3 | 94.9000 | ** | 23 Jun high | |
| R1 | 96.5000 | 20 May low | S4 | 94.1500 | ** | Jun low |
Asterisk denotes strength of level
06:00 GMT - Extending gains from the 94.1500 June double bottom to reach resistance at 96.5000. Break here will see potential for retest of the 96.9600 all-time high where reaction is expected. However, a later break cannot be ruled out to see extension to the 97.0000 figure and 97.0900 projection target. Meanwhile, support is raised to the 96.0000/95.8500 congestion and June high which should underpin. Would take break here to ease the upside pressure and see room for deeper pullback to 95.5000 congestion and strong support at 94.9000.