Published: 2026-04-07T05:43:39.000Z
Chart USD/INR Update: Consolidating, but still heavy
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Steadied at the 92.7825 low as prices consolidate sharp pullback from the 95.2100 all-time high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 94.8400 | * | 27 Mar high | S1 | 92.6300 | * | 18 Mar high, gap | |
| R3 | 93.9800 | * | 23 Mar high | S2 | 92.5000 | * | congestion | |
| R2 | 93.6375 | ** | 24 Mar low | S3 | 91.9875 | ** | Jan high | |
| R1 | 93.0850 | * | 6 Apr high | S4 | 91.5000 | congestion |
Asterisk denotes strength of level
05:35 GMT - Steadied at the 92.7825 low as prices consolidate sharp pullback from the 95.2100 all-time high. Prices are unwinding overbought daily and weekly studies but pressure remains on the downside and lower will further retrace strong gains from the 90.0450, February low. Lower will see room to 92.6300/92.5000, gap from 18 March high and congestion area. Below these will turn focus to critical support at 91.9875, January high. Meanwhile, resistance is lowered to the 93.6375/93.9800 area which is expected to cap and sustain losses from 95.2100 high.