Published: 2025-12-15T05:30:13.000Z
Chart USD/INR Update: Extending gains to fresh record high
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Extending gains through the 90.4200 resistance and 90.5000 congestion to reach fresh record high at 90.7100
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.5800 | * | projection | S1 | 90.4200 | * | 4 Dec high | |
| R3 | 91.0000 | * | figure | S2 | 90.0000 | * | figure, congestion | |
| R2 | 90.7500 | * | projection | S3 | 89.6950 | * | 5 Dec low | |
| R1 | 90.7100 | * | intraday high | S4 | 89.4900 | ** | Nov high |
Asterisk denotes strength of level
05:30 GMT - Extending gains through the 90.4200 resistance and 90.5000 congestion to reach fresh record high at 90.7100. Bullish structure keeps pressure on the upside to extend the underlying bull trend. Higher will see room to 90.7500 Fibonacci projection target and the 91.0000 figure. Meanwhile, support is raised to the 90.4200 high of 4th December which should underpin. Would take break here to ease the upside pressure and open up room for corrective pullback to strong support at the 90.0000 figure and 89.6950 higher low.