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Published: 2026-03-24T05:35:12.000Z

Chart USD/INR Update: Consolidating below 93.9800 all-time high

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Settled back from fresh record high at 93.9800 as prices consolidate the sharp break above the 92.4750/92.5000 resistance

 Level Comment  Level Comment
R495.0000*figure S193.0000 figure
R394.9900*projection S292.8800*20 Mar low
R294.5000*projection S392.5000*congestion
R193.9800**23 Mar all-time high S492.4750*13 Mar high

Asterisk denotes strength of level

05:30 GMT - Settled back from fresh record high at 93.9800 as prices consolidate the sharp break above the 92.4750/92.5000 resistance. Pullback see prices unwinding the overbought daily studies to support at the 93.0000/92.8800 congestion and 20 March low which should underpin. Break here will open up room for deeper pullback to 92.5000/92.4750 area. Meanwhile, resistance at 93.9800 high now expected to cap. Clearance here will see scope to target the 94.0000 figure and further extend gains to the 94.5000 projection objective.

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Topics
USD/INR-TA
EM-Technical
Technical Analysis

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