Published: 2026-05-13T05:41:19.000Z
Chart USD/INR Update: Consolidating gains to fresh historic high
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Settled back from the 95.7375 historic high as prices unwind overbought intraday studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 96.5000 | projection | S1 | 95.2100 | ** | Mar high | ||
| R3 | 96.0900 | projection | S2 | 94.8175 | * | 4 May low | ||
| R2 | 96.0000 | figure | S3 | 94.0000 | ** | figure, congestion | ||
| R1 | 95.7375 | ** | 12 May all-time high | S4 | 93.4100 | ** | 15 Apr high |
Asterisk denotes strength of level
05:40 GMT - Settled back from the 95.7375 historic high as prices unwind overbought intraday studies. However, further gains cannot be ruled out and higher will see room to target the 96.0000 figure and 96.0900 projection target. Meanwhile, support is raised to 95.2100 March high which should underpin. Only below here will see room for deeper corrective pullback to the 94.8175 support and the 94.0800/94.0000 congestion area. The latter expected to limit corrective pullback and only break here will fade the upside pressure and see deeper retracement of strong gains from the April low.