Published: 2025-09-15T05:04:31.000Z
Chart USD/INR Update: Room to extend gains
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Lower in range from the 88.4550 all-time high but further gains not ruled out within the bullish channel from the 83.7700, May swing low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 88.7500 | * | upper channel | S1 | 88.0000 | * | figure | |
| R3 | 88.7000 | * | projection | S2 | 87.8850 | ** | 5 Aug high | |
| R2 | 88.5000 | ** | figure | S3 | 87.5000 | * | congestion | |
| R1 | 88.4550 | ** | 11 Sep all-time high | S4 | 87.0000 | * | figure |
Asterisk denotes strength of level
05:10 GMT - Lower in range from the 88.4550 all-time high but further gains not ruled out within the bullish channel from the 83.7700, May swing low. Higher will see room to target the 88.5000 level and 88.7000 projection. Higher still, see the upper channel coming into play at 88.7500 level. Meanwhile, support at the 88.0000 level and extending to the 87.8850 high of 5 August, should limit corrective pullback. Would take break here to fade the upside pressure and open up room for deeper pullback to correct strong gains from the 88.1900, July low.