Published: 2026-01-22T05:37:45.000Z
Chart USD/INR Update: Sharply higher, but stretched
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Rally above the 91.0000 figure and 91.0750 December high has seen sharp rally to reach fresh record high at 91.7425

| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 92.6500 | * | projection | S1 | 91.0000 | * | figure | |
| R3 | 92.1300 | * | projection | S2 | 90.4200 | * | 4 Dec high | |
| R2 | 92.0000 | * | figure | S3 | 90.2900 | ** | 5 Jan high | |
| R1 | 91.7425 | * | 21 Jan all-time high | S4 | 90.0000 | ** | congestion |
Asterisk denotes strength of level
05:30 GMT - Rally above the 91.0000 figure and 91.0750 December high has seen sharp rally to reach fresh record high at 91.7425. Bullish price action keep focus on the upside and higher will see room to the 92.0000 level and 92.1300 projection target. However, deep overbought daily studies caution corrective pullback with support now raised to the 91.0750/91.0000 area which is expected to underpin. Would take break here to fade the upside pressure and see deeper correction of the strong gains from the 89.2500, December low.