Published: 2026-05-14T05:06:00.000Z
Chart USD/INR Update: Extending gains
1
Break above 95.7375 see prices extending gains to fresh historic high at 95.8525
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 96.5000 | projection | S1 | 95.2100 | ** | Mar high | ||
| R3 | 96.0900 | projection | S2 | 94.8175 | * | 4 May low | ||
| R2 | 96.0000 | figure | S3 | 94.0000 | ** | figure, congestion | ||
| R1 | 95.8525 | intraday high | S4 | 93.4100 | ** | 15 Apr high |
Asterisk denotes strength of level
05:15 GMT - Break above 95.7375 see prices extending gains to fresh historic high at 95.8525. Higher still, will see room for extension to target the 96.0000 figure and 96.0900 projection target. Meanwhile, support is raised to 95.2100 March high which should underpin. Would take break here to open up room for deeper corrective pullback to the 94.8175 support and strong support at the 94.0800/94.0000 area. The latter is expected to limit corrective pullback and only break here will fade the upside pressure and see deeper retracement of gains from the April low.