Published: 2025-12-02T05:42:35.000Z
Chart USD/INR Update: Break to fresh high see room to 90.0000 figure
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Extend break of the 89.4900 November high with rally extending the underlying bull trend to reach fresh high 89.9100
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.0000 | * | figure | S1 | 89.4900 | ** | Nov high | |
| R3 | 90.7500 | * | projection | S2 | 89.0000 | * | figure | |
| R2 | 90.1500 | * | projection | S3 | 88.8000 | ** | Sep high | |
| R1 | 90.0000 | ** | figure | S4 | 88.4000 | ** | 28 Oct high |
Asterisk denotes strength of level
05:30 GMT - Extend break of the 89.4900 November high with rally extending the underlying bull trend to reach fresh high 89.9100. Nearby see room to target the 90.0000 figure where reaction can be expected. Clearance here, if seen, will see room for further extension to 90.1500 and 90.7500, projection target. Meanwhile, support is raised to the 89.4900 November high which now reverts to support and should now underpin and sustain strong bounce from the 88.5000/88.4000 support area. Only below here will ease the upside pressure and see room for pullback to 89.0000 level.