Published: 2026-07-16T05:28:48.000Z
Chart USD/INR Update: Extending gains
1
Break above 96.0000/96.3000 area see prices extending gains from the 94.1500 June low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 97.0900 | projection | S1 | 95.8500 | * | Jun high | ||
| R3 | 97.0000 | * | figure | S2 | 95.5000 | * | congestion | |
| R2 | 96.9600 | ** | 20 May all-time high | S3 | 94.9000 | ** | 23 Jun high | |
| R1 | 96.5000 | 20 May low | S4 | 94.1500 | ** | Jun low |
Asterisk denotes strength of level
05:15 GMT - Break above 96.0000/96.3000 area see prices extending gains from the 94.1500 June low. Nearby see room to resistance at 96.5000 but potential is seen for retest of the 96.9600 all-time high where reaction is expected. Break, if seen, will see room to 97.0000 figure and 97.0900 projection target. Meanwhile, support is raised to the 95.6000/95.8500 congestion and June high which should underpin. Would take break here to ease the upside pressure and see room for deeper pullback to 95.5000 congestion then the strong support at 94.9000.