Published: 2025-12-22T05:21:47.000Z
Chart USD/INR Update: Consolidating, room for lower later
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Turned up from the 89.2500 low as prices consolidate sharp losses from the 91.0750 record high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.0750 | ** | 16 Dec all-time high | S1 | 89.2500 | 19 Dec low | ||
| R3 | 90.5000 | * | congestion | S2 | 89.0000 | * | figure | |
| R2 | 90.4200 | ** | 4 Dec high | S3 | 88.8000 | ** | Sep high | |
| R1 | 90.0000 | * | congestion | S4 | 88.5000 | * | congestion |
Asterisk denotes strength of level
05:15 GMT - Turned up from the 89.2500 low as prices consolidate sharp losses from the 91.0750 record high. Daily studies are tracking lower and suggest consolidation giving way to further losses later to retrace gains from the 87.6250, October low. Lower will see room to support at 89.0000 level then the strong support at 88.8000, September high. Lower will see room to the 88.5000/88.4550 area. Meanwhile, resistance is lowered to the 90.0000 level which is expected to cap and sustain sharp losses from the 91.0750 record high.