Published: 2025-09-24T05:44:13.000Z
Chart USD/INR Update: Extending gains
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Rally through the 88.3300 and 88.4550 highs has seen gains to reach fresh all-time high at 88.7975
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.5000 | * | projection | S1 | 88.4450 | ** | 11 Sep high | |
| R3 | 90.0000 | ** | psychological | S2 | 88.3300 | * | 1 Sep high | |
| R2 | 89.0000 | * | figure | S3 | 88.0000 | * | congestion | |
| R1 | 88.7975 | ** | 23 Sep all-time high | S4 | 87.8850 | ** | 5 Aug high |
Asterisk denotes strength of level
05:30 GMT - Rally through the 88.3300 and 88.4550 highs has seen gains to reach fresh all-time high at 88.7975. Bullish momentum suggest room for further gains within the channel from the May low to target 89.0000 figure then the 90.0000 psychological level where reaction is expected. Meanwhile, support is raised to recent highs at 8.4450 and extending to 88.3300, 1 September high. This are now expected to underpin and sustain bullish gains from the 87.7200 low of last week.