Published: 2026-01-06T05:00:52.000Z
Chart USD/INR Update: Corrective gains stalled at 90.2900 high
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Settled back from the 90.2900 high as prices unwind overbought intraday studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.1000 | * | figure | S1 | 90.0000 | * | figure, congestion | |
| R3 | 91.0750 | ** | 16 Dec 2025 record high | S2 | 89.7200 | * | 30 Dec low | |
| R2 | 90.5000 | * | congestion | S3 | 89.4900 | * | 21 Nov high | |
| R1 | 90.4200 | ** | 4 Dec high | S4 | 89.2500 | ** | 19 Dec low |
Asterisk denotes strength of level
05:00 GMT - Settled back from the 90.2900 high as prices unwind overbought intraday studies. However, further gains not ruled out and higher will see room to retest resistance at 90.4200 and 90.5000 level. However, gains are seen corrective and expected to give way to renewed selling pressure later. Meanwhile, support is raised to the 90.0000/89.7200 area. Would take break here to return focus to the downside for retest of support at 89.4900 then the 89.2500 low. Below these will see room for deeper pullback to the 89.0000 level and strong support at 88.8000, September high.