Published: 2026-05-11T05:13:43.000Z
Chart USD/INR Update: Rebound return focus to 95.4325 historic high
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Sharply higher to extend bounce from the 94.0800 low and regaining the 95.0000 level return focus to the upside
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 96.0000 | figure | S1 | 94.8175 | * | 4 May low | ||
| R3 | 95.5000 | projection | S2 | 94.0000 | ** | figure, congestion | ||
| R2 | 95.4325 | ** | 5 May all-time high | S3 | 93.4100 | ** | 15 Apr high | |
| R1 | 95.2100 | * | Mar high | S4 | 93.0000 | * | figure |
Asterisk denotes strength of level
05:10 GMT - Sharply higher to extend bounce from the 94.0800 low with break above the 94.8175 resistance and regaining the 95.0000 level returning focus to the upside. Scope is seen for retest of the 95.2100 March high but potential is seen for retest of the 95.4325 historic high of last week. Break here will see room to 95.5000 projection target. Meanwhile, support is raised to 94.8175 which should underpin and sustain bounce from the 94.0800 low of last week. Would take break here and the 94.0000 level to fade the upside pressure and see room for deeper correction.