Published: 2026-02-04T05:22:19.000Z
Chart USD/INR Update: Consoldating sharp losses
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Turned up in consolidation above the 90.0000 figure as prices consolidate sharp losses from the 91.9875 all-time high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.9875 | ** | 30 Jan all-time high | S1 | 90.0000 | * | figure, congestion | |
| R3 | 91.5000 | * | congestion | S2 | 89.7400 | * | Jan low | |
| R2 | 91.0750 | ** | Dec high | S3 | 89.5000 | * | congestion | |
| R1 | 90.5300 | intraday high | S4 | 89.2500 | ** | Dec low |
Asterisk denotes strength of level
05:10 GMT - Turned up in consolidation above the 90.0000 figure as prices consolidate sharp losses from the 91.9875 all-time high. Bounce see prices unwinding oversold intraday studies but negative daily and weekly studies suggest this giving to fresh selling pressure later Break of the 90.0000 figure will see room to retest 89.7400, January low. Below the latter will return focus to the 89.5000 congestion and 89.2500 December low. Meanwhile, resistance at the 91.0000/91.0750 area is expected to cap and sustain pressure from the January high.