Published: 2026-04-17T04:52:12.000Z
Chart USD/INR Update: Leaning lower in consolidation
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Leaning lower in consolidation following pullback from the 93.4100 Wednesday's high through the 93.0000 level
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 94.0000 | * | figure | S1 | 92.4050 | ** | 10 Apr low | |
| R3 | 93.6375 | ** | 24 Mar low | S2 | 91.9875 | ** | Jan high | |
| R2 | 93.4100 | ** | 15 Apr high | S3 | 91.7350 | 10 Mar low | ||
| R1 | 93.0000 | * | congestion | S4 | 91.4025 | 5 Mar low |
Asterisk denotes strength of level
04:50 GMT - Leaning lower in consolidation following pullback from the 93.4100 Wednesday's high through the 93.0000 level. Below this return focus to the 92.4050 low of last week. Break here will extend losses from the 95.2100 historic high and see room for deeper pullback to retrace gains from the 90.0450 February low and see room to support at the 91.9875, January high. Meanwhile, resistance is lowered to the 93.0000 level which extend to the 93.4100 bounce high. This area now expected to cap and sustain losses from the 95.2100, March all-time high.