Published: 2025-12-04T05:02:08.000Z
Chart USD/INR Update: Extending to fresh record high
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Sharply higher as prices extend break above the 90.0000 figure to reach fresh record high at 90.4200
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.5500 | * | projection | S1 | 90.0000 | * | figure | |
| R3 | 91.0000 | * | figure | S2 | 89.7000 | 2 Dec low | ||
| R2 | 90.7500 | * | projection | S3 | 89.4900 | ** | Nov high | |
| R1 | 90.5000 | figure | S4 | 89.0000 | * | figure |
Asterisk denotes strength of level
05:00 GMT - Sharply higher as prices extend break above the 90.0000 figure to reach fresh record high at 90.4200. Bullish momentum see bulls firmly in control and higher will see room for extension to 90.5000 level and 90.7500 projection target. However, deep overbought daily and weekly studies caution corrective pullback. Meanwhile, support is raised to the 90.0000 figure which should now underpin. Would take break here to ease the upside pressure and see room for corrective pullback to support at 89.7000 and 89.4900, November high.