Published: 2025-12-19T05:01:57.000Z
Chart USD/INR Update: Under pressure, weighing on 90.0000 level
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Under pressure, as prices extend rejection from 91.0750 Tuesday's record high to retest the 90.0000 level
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.5800 | * | projection | S1 | 90.0000 | * | figure, congestion | |
| R3 | 91.5500 | * | projection | S2 | 89.6950 | * | 5 Dec low | |
| R2 | 91.0750 | ** | 16 Dec all-time high | S3 | 89.4900 | ** | Nov high | |
| R1 | 90.5000 | * | congestion | S4 | 89.0000 | * | figure |
Asterisk denotes strength of level
05:00 GMT - Under pressure, as prices extend rejection from 91.0750 Tuesday's record high to retest the 90.0000 level. Prices are unwinding overbought daily studies and see scope for break here to open up room for deeper retracement of gains from the 87.6250, October low. Lower will see room to support at 89.6950 then the strong support at 89.49000, November high. Meanwhile, resistance at 90.4200/90.5000, 4 December high and congestion area, expected to cap and sustain losses from the 91.0750 record high.