Published: 2025-07-10T05:07:49.000Z
Chart USD/INR Update: Leaning lower from the 86.0000 level
Technical Analyst
1
Lower in consolidation within the Monday's range with rejection from the 86.0000 level threatening pullback to retest of support at 85.5000 congestion
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 86.8990 | ** | 19 Jun high | S1 | 85.5000 | * | congestion | |
| R3 | 86.4600 | ** | Feb low | S2 | 85.1900 | ** | 3 Jun low | |
| R2 | 86.1025 | * | May high | S3 | 85.0000 | * | congestion | |
| R1 | 86.0000 | congestion | S4 | 84.7800 | ** | 26 May low |
Asterisk denotes strength of level
05:00 GMT - Lower in consolidation within the Monday's range with rejection from the 86.0000 level threatening pullback to retest of support at 85.5000 congestion. Below this will expose the 85.1900 low of last week to retest and where break will see room to further retrace the May/June rally. Lower will turn focus to the 85.0000 level then 84.7800 support. Meanwhile, resistance at the 86.0000 congestion and the May high at 86.1025 now expected to cap and sustain pullback from the 86.8990, June swing high.