Published: 2025-03-27T05:03:35.000Z
Chart USD/INR Update: Higher in consolidation from 85.4900 low
Technical Analyst
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Higher within the Monday's range from the 85.4900 low as prices consolidate the steep drop from 87.3850, 11 March high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 86.6525 | * | 31 Jan high | S1 | 85.4900 | * | 24 Mar low | |
| R3 | 86.4600 | ** | Feb low | S2 | 85.3100 | * | 27 Dec low | |
| R2 | 86.1650 | * | 24 Jan low | S3 | 85.1900 | * | 61.8% Sep/Feb rally | |
| R1 | 86.0000 | * | figure | S4 | 85.1000 | * | 20 Dec high |
Asterisk denotes strength of level
05:00 GMT - Higher within the Monday's range from the 85.4900 low as prices consolidate the steep drop from 87.3850, 11 March high. Bounce above the 85.8075 resistance see scope for retest of resistance at the 86.0000 congestion then the 86.1650, low of 24 January. Above these, if seen, will open up scope for stronger bounce to the February low at 86.4600 which is expected to cap. Lower high sought to pressure the downside later, below the 85.4900 low will see room for extension to 85.3100 support and 85.1900, 61.8% Fibonacci level.