Published: 2025-08-25T05:11:09.000Z
Chart USD/INR Update: Lower in consolidation from 87.5400 high
Technical Analyst
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Settled back from the 87.5400 high as prices consolidate bounce from the 86.9200 low of last week
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 87.9500 | ** | 10 Feb all-time high | S1 | 86.9000 | ** | Jun high | |
| R3 | 87.8850 | ** | 5 Aug high | S2 | 86.5000 | * | congestion | |
| R2 | 87.7400 | * | Jul high | S3 | 86.2400 | 24 Jul low | ||
| R1 | 87.5400 | * | 22 Aug high | S4 | 86.0275 | ** | 7 Jul high |
Asterisk denotes strength of level
05:10 GMT - Settled back from the 87.5400 high as prices consolidate bounce from the 86.9200 low of last week. Further gains not ruled out and higher will see room for stronger corrective bounce to the 87.7400 resistance. However, weekly studies are stretched and suggest gains giving way to renewed selling pressure later and where break of the 86.9200 low and 86.9000 level will open up room for deeper pullback to retrace rally from the 85.1900, July low. Lower will see extension to the 86.5000 congestion and 86.2400 support.