Published: 2026-03-25T05:56:26.000Z
Chart USD/INR Update: Pressure remains on the upside
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Consolidatiing below 93.9800 all-time high but pressure remains on the upside
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 95.0000 | * | figure | S1 | 93.0000 | figure | ||
| R3 | 94.9900 | * | projection | S2 | 92.8800 | * | 20 Mar low | |
| R2 | 94.5000 | * | projection | S3 | 92.5000 | * | congestion | |
| R1 | 93.9800 | ** | 23 Mar all-time high | S4 | 92.4750 | * | 13 Mar high |
Asterisk denotes strength of level
05:50 GMT - Consolidatiing below 93.9800 all-time high but pressure remains on the upside and see room to extend gains from the 90.0450, February low. Clearance will see scope to target the 94.0000 figure and extend the underlying bull trend to 94.5000 projection target. However, overbought daily and weekly studies caution corrective pullback with support starting at the 93.0000/92.8800 congestion and 20 March low which should underpin. Would take break here to open up room for deeper pullback to support at the 92.5000/92.4750 area.