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Published: 2025-09-25T05:00:34.000Z

Chart USD/INR Update: Consolidation gains to 88.7975, all-time highhigh

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Settled back in consolidation from 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 - 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.

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Topics
USD/INR-TA
EM-Technical
Technical Analysis

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