Chart USD/INR Update: Extend consolidation below 92.4750 historic high
Little change, as prices extend consolidation within a narrow range below the 92.4750 Friday's historic high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 92.9000 | * | projection | S1 | 91.9875 | * | Jan high | |
| R3 | 92.7800 | * | projection | S2 | 91.5000 | * | congestion | |
| R2 | 92.5000 | * | projection | S3 | 91.0750 | ** | Dec 2025 year high | |
| R1 | 92.4750 | ** | 13 Mar YTD high | S4 | 90.8400 | * | 6 Feb high |
Asterisk denotes strength of level
05:00 GMT - Little change, as prices extend consolidation within a narrow range below the 92.4750 Friday's historic high. However, pressure remains on the upside and see the 92.5000 figure within reach. Positive daily and weekly studies suggest room for further gains within the bull channel from the May low and higher will see room for extension to projection target at 92.7800 and 92.9000. However, overbought daily studies caution corrective pullback with support starting at the 91.9875, January high. Break here will open up room for deeper pullback to support at the 91.5000 congestion and 91.0750, December 2025 year high.