Published: 2026-03-17T04:57:07.000Z
Chart USD/INR Update: Drifting narrowly below 92.4750 historic high
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Drifting narrowly in consolidation below the 92.4750 Friday's historic 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
05:00 GMT - Drifting narrowly in consolidation below the 92.4750 Friday's historic 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. Higher will see scope for extension to projection target at 92.7800 and 92.9000. However, overbought daily studies caution corrective pullback with support raise to the 91.9875 January high. Break here will open up room to support at the 91.5000 congestion and 91.0750, December 2025 year high.