Published: 2026-07-06T04:49:34.000Z
Chart USD/INR Update: Consolidating at 95.4000 bounce high
-
Little change, as prices settled back from the 95.4000 high to consolidated gains 94.1500 June low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 96.3000 | 22 May high | S1 | 95.0000 | * | congestion | ||
| R3 | 96.0000 | * | figure | S2 | 94.1500 | ** | Jun low | |
| R2 | 95.8500 | ** | Jun high | S3 | 94.0000 | figure | ||
| R1 | 95.4000 | * | 2 Jul high | S4 | 93.4700 | ** | 15 Apr high |
Asterisk denotes strength of level
04:45 GMT - Little change, as prices settled back from the 95.4000 high to consolidated gains 94.1500 June low. Overbought daily studies caution pullback to tjhe 95.0000 level and below here will expose the 94.1500 low to retest. Break of the latter will see room to extend pullback from the 96.9600 high and see room for extension to support at 93.4700 then the 93.0000 figure. Meanwhile, break above the 95.4000 high will open up room for gains to strong resistance at the 95.8500 June high and the 96.0000 level.