Published: 2026-02-03T05:34:52.000Z
Chart USD/INR Update: Gapped sharply lower
1
Sharply lower with the gapped down opening through the 90.5000 signalling a top in place at the 91.9875 historic high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.9875 | ** | 30 Jan all-time high | S1 | 90.0000 | * | figure, congestion | |
| R3 | 91.5000 | * | congestion | S2 | 89.7400 | * | Jan low | |
| R2 | 91.0750 | ** | Dec high | S3 | 89.5000 | * | congestion | |
| R1 | 90.5150 | intraday high | S4 | 89.2500 | ** | Dec low |
Asterisk denotes strength of level
05:25 GMT - Sharply lower with the gapped down opening through the 90.5000 signalling a top in place at the 91.9875 historic high. Lower will see room to support at the 90.0000 figure and 89.7400, January low. Below the latter will return focus to the 89.5000 congestion and 89.2500 December low. Below the latter, will see deeper pullback to retrace the May/January rally. Meanwhile, resistance is at the 90.5150 intraday high. Above here will see room to strong resistance at the 91.0000 figure and 91.0750, December high.