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Published: 2026-05-26T05:40:42.000Z

Chart USD/INR Update: Consolidating losses to 94.1075 low

1

Limited on break of the 95.2100 support as prices turned up from the 95.1075 low to consolidate losses from the 96.9600 historic high

 Level Comment  Level Comment
R497.5000 figure S195.1075**25 May low
R397.1000 projection S294.8175*4 May low
R296.9600**20 May all-time high S394.0800**May low
R196.0000**figure, congestion S493.4100**15 Apr high

Asterisk denotes strength of level

05:35 GMT - Limited on break of the 95.2100 support as prices turned up from the 95.1075 low to consolidate losses from the 96.9600 historic high. However, negative daily studies suggest consolidation giving way to renewed selling pressure later to retrace gains from the April low. Lower will see room for extension to support at 94.8175 then the 94.0800/94.0000, May low and congestion. Meanwhile, resistance is lowered to the 96.0000 congestion which is expected to cap corrective bounce and sustain losses from the 96.9000, 20 May all-time high

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Topics
USD/INR-TA
EM-Technical
Technical Analysis

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