Published: 2026-07-09T05:10:12.000Z
Chart USD/INR Update: Room to extend June gains
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Rebound from the 95.0000/94.9000 congestion area see pressure returning to resistance at 95.5000
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 96.3000 | 22 May high | S1 | 95.0000 | * | congestion | ||
| R3 | 96.0000 | * | figure | S2 | 94.1500 | ** | Jun low | |
| R2 | 95.8500 | ** | Jun high | S3 | 94.0000 | figure | ||
| R1 | 95.5000 | * | 6 Jul high | S4 | 93.4700 | ** | 15 Apr high |
Asterisk denotes strength of level
05:00 GMT - Rebound from the 95.0000/94.9000 congestion area see pressure returning to resistance at 95.5000. Daily studies are stretched but break here cannot be ruled out to further extend bounce from the 94.1500 June low. Higher will see room to resistance at 95.8500 June high and the 96.0000 figure. Would expect this area to cap and give way to renewed selling pressure later. Meanwhile, support at the 95.0000/94.9000 area underpin. Would take break here to ease the upside pressure and see room for retest of the 94.1500 June low.