Published: 2026-06-05T05:17:46.000Z
Chart USD/INR Update: Lower in consolidation from 95.8500 high
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Lower in consolidation from test of strong resistance at the 95.8500, 3 June high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 97.1000 | projection | S1 | 95.2100 | * | Mar high | ||
| R3 | 96.9600 | ** | 20 May all-time high | S2 | 94.7275 | ** | 1 Jun low | |
| R2 | 96.0000 | * | figure | S3 | 94.0800 | ** | May low | |
| R1 | 95.8500 | ** | 3 Jun high | S4 | 93.4100 | ** | 15 Apr high |
Asterisk denotes strength of level
05:10 GMT - Lower in consolidation from test of strong resistance at the 95.8500, 3 June high. Corrective gains are expected to give way to renewed selling pressure and only break here and the 96.0000 level will set up scope for retest of the 96.9600 all-time high. Meanwhile, support is raised to the 95.2100 March high ahead of the 94.7275 low. Break of the latter will see room for deeper pullback to retrace the April/May rally and see room strong support at the 94.0800/94.0000, May low and congestion area.