Published: 2025-09-12T05:15:49.000Z
Chart USD/INR Update: Reached fresh all-time high at 88.4550
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Consolidation 88.3600 has given way to break higher to reach fresh all-time high at 88.4550
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 88.7500 | * | upper channel | S1 | 88.0000 | * | figure | |
| R3 | 88.7000 | * | projection | S2 | 87.8850 | ** | 5 Aug high | |
| R2 | 88.5000 | ** | figure | S3 | 87.5000 | * | congestion | |
| R1 | 88.4550 | ** | 11 Sep all-time high | S4 | 87.0000 | * | figure |
Asterisk denotes strength of level
05:10 GMT - Consolidation 88.3600 has given way to break higher to reach fresh all-time high at 88.4550 and further extend gains within the bullish channel from the 83.7700, May swing low. Higher will see room to target the 88.5000 level and 88.7000 projection. Higher still, see upper channel at 88.7500 level. Meanwhile, support at the 88.0000 level and 87.8850 high of 5 August, should limit corrective pullback. Would take break here fade the upside pressure and open up room for deeper pullback to correct strong gains from the 88.1900, July low.