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Published: 2025-09-26T05:05:05.000Z

Chart USD/INR Update: Stays supported

0
1

Little change, as prices extend consolidation below the 88.7975 all-time high

 Level Comment  Level Comment
R491.5000*projection S188.4450**11 Sep high              
R390.0000**psychological S288.3300*1 Sep high
R289.0000*figure S388.0000*congestion
R188.7975**23 Sep all-time high S487.8850**5 Aug high

Asterisk denotes strength of level

05:00 GMT - Little change, as prices extend consolidation below the 88.7975 all-time high and unwind the overbought intraday studies. However, bullish momentum keep focus on the upside within the channel from the May low, higher will see scope to target 89.0000 figure then the 90.0000 psychological level. However, overbought daily studies caution corrective pullback with the September highs at 88.4450 and 88.3300 now turned support. Would take break here to fade the upside pressure and open up room for deeper pullback to 88.0000/87.8850 area.

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Topics
USD/INR-TA
EM-Technical
Technical Analysis

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