Published: 2025-12-11T05:04:32.000Z
Chart USD/INR Update: Extend choppy trade below 90.4200 high
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Extending choppy trade around the 90.0000 figure as prices consolidate below the 90.4200 record high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.0000 | * | figure | S1 | 89.6950 | * | 5 Dec low | |
| R3 | 90.7500 | * | projection | S2 | 89.4900 | ** | Nov high | |
| R2 | 90.5000 | * | congestion | S3 | 89.0000 | * | figure | |
| R1 | 90.4200 | ** | 4 Dec all-time high | S4 | 88.8000 | ** | Sep high |
Asterisk denotes strength of level
05:00 GMT - Extending choppy trade around the 90.0000 figure as prices consolidate below the 90.4200 record high. Bullish structure keeps focus on the upside to extend the underlying bull trend. Higher will see room to target congestion at the 90.5000/90.7500 area then the 91.0000 figure. Meanwhile, support at the 89.6950 higher low is expected to underpin and limit corrective pullback. Would take break here will ease the upside pressure and open up room for deeper pullback to strong support at 89.4900, November high.