Published: 2025-10-31T05:24:48.000Z
Chart USD/INR Update: Poised for retest of 88.8000 all-time high
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Break above the 88.4000/88.5000 resistance see prices extending gains towards the 88.8000, September all-time high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 89.5000 | * | projection | S1 | 88.5000 | * | 10 Oct low | |
| R3 | 89.0000 | * | figure | S2 | 88.4000 | * | 28 Oct high | |
| R2 | 88.8000 | ** | 30 Sep all-time high | S3 | 88.0000 | * | congestion | |
| R1 | 88.7375 | 30 Oct high | S4 | 87.6250 | ** | 24 Oct low |
Asterisk denotes strength of level
05:15 GMT - Break above the 88.4000/88.5000 resistance see prices extending gains towards the 88.8000, September all-time high. Positive daily studies highlight scope for break here to extend the underlying bull trend and see room for extension to target 89.0000 figure. Higher still, if seen, will see room to the 89.5000 projection target. Meanwhile, support is raised to the 88.5000/88.4000 area which now underpin. Would take break here to ease the upside pressure and see consolidation back to 88.0000 level and 87.6250 low.