Published: 2026-07-03T05:26:25.000Z
Chart USD/INR Update: Correcting May/June losses
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Break above 95.0000 has seen follow-through above the 95.2250 March high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 96.3000 | 22 May high | S1 | 95.0000 | * | congestion | ||
| R3 | 96.0000 | * | figure | S2 | 94.1450 | * | Jun low | |
| R2 | 95.8500 | ** | Jun high | S3 | 94.0600 | ** | May low | |
| R1 | 95.5000 | * | congestion | S4 | 93.4700 | ** | 15 Apr high |
Asterisk denotes strength of level
05:20 GMT - Break above 95.0000 has seen follow-through above the 95.2250 March high. Higher will see room to the 95.5000 congestion but focus will turn to the 95.8500, June high. However, corrective gains are expected to give way to renewed selling pressure later. Would take break of the 95.0000 level to return focus to the downside for retest of the 94.1450 low. Below this and the 94.0600 May low and the 94.0000 figure will extend the May losses and see room for extension to support at 93.4700 then the 93.0000 figure.