Published: 2025-09-25T05:00:34.000Z
Chart USD/INR Update: Consolidation gains to 88.7975, all-time highhigh
0
-
Settled back in consolidation from the 88.7975 all-time high
Level | Comment | Level | Comment | |||||
---|---|---|---|---|---|---|---|---|
R4 | 91.5000 | * | projection | S1 | 88.4450 | ** | 11 Sep high | |
R3 | 90.0000 | ** | psychological | S2 | 88.3300 | * | 1 Sep high | |
R2 | 89.0000 | * | figure | S3 | 88.0000 | * | congestion | |
R1 | 88.7975 | ** | 23 Sep all-time high | S4 | 87.8850 | ** | 5 Aug high |
Asterisk denotes strength of level
05:00 GMT - Settled back in consolidation from the 88.7975 all-time high as prices unwind overbought intraday studies. However, bullish momentum suggest room for further gains within the channel from the May low and higher will see room to target 89.0000 figure then the 90.0000 psychological level. Meanwhile, support is raised to recent highs at 8.4450 and this extend to the 88.3300 high of 1st September. This area should limit corrective pullback. Break here needed to ease the upside pressure and open up room for deeper corrective pullback.