Published: 2026-01-29T05:11:59.000Z
Chart USD/INR Update: Just shy of 92.0000 figure
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Extend bounce from above the 91.5000 support to reach fresh historic high at 91.9850
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 92.6500 | * | projection | S1 | 91.5000 | * | congestion | |
| R3 | 92.1300 | * | projection | S2 | 91.0000 | * | figure | |
| R2 | 92.0000 | ** | figure | S3 | 90.4200 | * | 4 Dec high | |
| R1 | 91.9850 | * | 28 Jan all-time high | S4 | 90.2900 | ** | 5 Jan high |
Asterisk denotes strength of level
05:10 GMT - Extend bounce from above the 91.5000 support to reach fresh historic high at 91.9850. Nearby see room to target the 92.0000 figure and 92.1300 projection target. Would expect reaction at these highs as prices extend gains into overbought areas. Meanwhile, support remains at the 91.5000/91.4250 congestion. Would take break of these to open up room for deeper pullback to support at the 91.0750/91.0000 area which is expected to underpin. Below the latter will fade the upside pressure and see room for deeper correction to retrace strong gains from the December low.