Published: 2025-10-10T04:53:18.000Z
Chart USD/INR Update: Drifting narrowly below 88.8000 high
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Little change, as prices drift narrowly below the 88.8000 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 | 88.8000 | ** | 30 Sep all-time high | S4 | 87.8850 | ** | 5 Aug high |
Asterisk denotes strength of level
04:50 GMT - Little change, as prices drift narrowly below the 88.8000 all-time high. However, pressure remains on the upside andse scope for break to further extend gains within the bullish channel from the 83.7700, May low. Higher will see room to the 89.0000 figure then the 90.0000 psychological level. Meanwhile, support is at the 88.4450/88.3300, September high. Would take break here to fade the upside pressure and return focus to the downside to retrace strong gains from the 85.1900, July low.