Published: 2026-05-05T05:36:16.000Z
Chart USD/INR Update: Fresh historic high
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Consolidation below the 95.3300 high has given way to gains to reach fresh historic high at 95.4000 level
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 96.1000 | projection | S1 | 94.8175 | * | 4 May low | ||
| R3 | 96.0000 | figure | S2 | 94.3050 | * | 24 Apr high | ||
| R2 | 95.5000 | projection | S3 | 94.0000 | ** | figure, congestion | ||
| R1 | 95.4000 | ** | intraday high | S4 | 93.4100 | ** | 15 Apr high |
Asterisk denotes strength of level
05:30 GMT - Consolidation below the 95.3300 high has given way to gains to reach fresh historic high at 95.4000 level. Higher will see room to extend the underlying bull trend and see scope for extension to target and 95.5000 level. Beyond this will see room to the 96.0000 figure. Meanwhile, support is raised to 94.8175 Monday's low which should underpin. Below this will see room for deeper corrective pullback to support at 94.3050 high of 24 April and extending to the 94.0000 figure.