Published: 2026-03-02T05:33:12.000Z
Chart USD/INR Update: Extending February gains
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Gapped up at the open to break the 91.2040 high see prices extending gains from the 90.0450 February low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 92.7800 | * | extension | S1 | 91.0000 | * | congestion | |
| R3 | 92.2000 | * | extension | S2 | 90.5000 | * | congestion | |
| R2 | 91.9875 | ** | 30 Jan all-time high | S3 | 90.0450 | * | 3 Feb low | |
| R1 | 91.5000 | * | congestion | S4 | 89.7400 | * | Jan low |
Asterisk denotes strength of level
05:25 GMT - Gapped up at the open to break the 91.2040 high see prices extending gains from the 90.0450 February low. Rally see scope to etest the 91.5000 congestion. Clearance here, if seen, will open up room for retest of the 91.9875 historic high and see scope to extend the underlying bull trend. Meanwhile, support is raised to the 91.0000 level which should now underpin. Only below this will ease the upside pressure and see room for return to the 90.5000 support and threaten break to iopen up room for retest of the 90.0450 low and the 90.0000 figure.