Published: 2026-03-16T05:19:25.000Z
Chart USD/INR Update: Still room to extend gains
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Edged off from the 92.4750 Friday's fresh year high but pressure remains on the upside
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 92.9000 | * | projection | S1 | 91.9875 | * | Jan high | |
| R3 | 92.7800 | * | projection | S2 | 91.5000 | * | congestion | |
| R2 | 92.5000 | * | projection | S3 | 91.0750 | ** | Dec 2025 year high | |
| R1 | 92.4750 | ** | 13 Mar YTD high | S4 | 90.8400 | * | 6 Feb high |
Asterisk denotes strength of level
05:15 GMT - Edged off from the 92.4750 Friday's fresh year high but pressure remains on the upside and see the 92.5000 figure now within reach. Positive daily and weekly studies suggest room for further gains within the bull channel from the May low. Above 92.5000 will see scope for extension to projection target to 92.7800 and 92.9000. However, overbought daily studies caution corrective pullback with support raise to the 91.9875 January high. Would take break here to open up room for deeper pullback to support at the 91.5000 congestion and 91.0750, December 2025 year high.