Published: 2025-12-12T05:39:44.000Z
Chart USD/INR Update: Extending gains
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Consolidation has given way to renewed buying pressure to reach fresh record high above 90.5000
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.5800 | * | projection | S1 | 90.0000 | * | figure, congestion | |
| R3 | 91.0000 | * | figure | S2 | 89.6950 | * | 5 Dec low | |
| R2 | 90.7500 | * | projection | S3 | 89.4900 | ** | Nov high | |
| R1 | 90.5500 | * | intraday high | S4 | 89.0000 | * | figure |
Asterisk denotes strength of level
05:30 GMT - Consolidation has given way to renewed buying pressure to reach fresh record high above 90.5000. Bullish structure keeps focus on the upside to extend the underlying bull trend and higher will see room to 90.7500 Fibonacci extension then the 91.0000 figure. Meanwhile, support is raised to the 90.0000 figure and extending to the 89.6950 higher low. This area now expected to underpin and limit corrective pullback. Break here will ease the upside pressure and open up room for deeper pullback to strong support at 89.4900, November high.