Published: 2025-11-28T04:59:08.000Z
Chart USD/INR Update: Poised for retest of 89.4900 high
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Gap up at the open see prices poised for retest of the 89.4900 high and extend the underlying bull trend
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 90.0000 | ** | figure | S1 | 89.0000 | * | figure | |
| R3 | 89.5500 | * | projection | S2 | 88.8000 | ** | Sep high | |
| R2 | 89.5000 | * | projection | S3 | 88.4000 | ** | 28 Oct high | |
| R1 | 89.4900 | ** | 21 Nov all-time high | S4 | 88.1550 | 29 Oct low |
Asterisk denotes strength of level
05:00 GMT - Gap up at the open see prices poised for retest of the 89.4900 high and extend the underlying bull trend. Clearance will see room for extension to 89.5000/89.5500 projection target. Beyond this, will turn focus to the 90.0000 figure. Meanwhile, support remains at the 89.0000 level which is expected to underpin and sustain recent bounce from the 88.5000/88.4000 support area. Below the 89.0000 level will ease the upside pressure and see room for deeper pullback to strong support at the 88.8000, September high.