Published: 2026-06-04T05:14:38.000Z
Chart USD/INR Update: Capped at 95.7925/96.0000 resistance
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Settled back in consolidation from test of strong resistance at the 95.7925/96.0000, 27 May high and congestion area
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 97.1000 | projection | S1 | 95.2100 | * | Mar high | ||
| R3 | 96.9600 | ** | 20 May all-time high | S2 | 94.7275 | * | 1 Jun low | |
| R2 | 96.0000 | * | figure | S3 | 94.0800 | ** | May low | |
| R1 | 95.7925 | ** | 27 May high | S4 | 93.4100 | ** | 15 Apr high |
Asterisk denotes strength of level
05:10 GMT - Settled back in consolidation from test of strong resistance at the 95.7925/96.0000, 27 May high and congestion area. Gains are seen corrective and test here expected to give way to renewed selling pressure. Break here, if seen, will revive the upside focus and sets up scope for retest of the 96.9600 all-time high. Meanwhile, support is raised to the 95.2100 March high ahead of the 94.7275 low. Would take break of the latter to extend losses from the 96.9600 high and see room to strong support at 94.0800/94.0000, May low and congestion area.