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Published: 2026-03-20T05:13:55.000Z

Chart USD/INR Update: Break to fresh historic high

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Consolidation below the 92.4750 high of last week has given way to sharp break higher to post fresh historic high at 93.2750

 Level Comment  Level Comment
R494.5000*projection S192.5000*congestion
R394.0000*figure S291.9875**Jan high
R293.7650*projection S391.5000*congestion
R193.2750 intraday high S491.0750**Dec 2025 year high

Asterisk denotes strength of level

05:10 GMT - Consolidation below the 92.4750 high of last week has given way to sharp break higher to post fresh historic high at 93.2750. This is also channel resistance from the May low and suggest possible reaction here. However, bullish momentum keeps pressure on the upside and further gains will see room for extension to projection target to 93.7650. Higher still, will see scope to the 94.0000 figure. Meanwhile, support is raised to the 92.5000 congestion which should underpin. Below this will open up room to strong support at 92.0000/91.9875 area.

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Topics
USD/INR-TA
EM-Technical
Technical Analysis

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