Published: 2026-01-05T05:10:20.000Z
Chart USD/INR Update: Extending gains from 89.2500 low
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Consolidation below the 90.0000 figure has given way to break to extend gains from the 89.2500 low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.1000 | * | figure | S1 | 89.7200 | * | 30 Dec low | |
| R3 | 91.0750 | ** | 16 Dec 2025 record high | S2 | 89.4900 | * | 21 Nov high | |
| R2 | 90.5000 | * | congestion | S3 | 89.2500 | ** | 19 Dec low | |
| R1 | 90.4200 | ** | 4 Dec high | S4 | 89.0000 | * | figure |
Asterisk denotes strength of level
05:05 GMT - Consolidation below the 90.0000 figure has given way to break to extend gains from the 89.2500 low. Positive daily studies keeps pressure on the upside and higher will see room to retest resistance at 90.4200 and 90.5000 level. Clearance here will expose the 91.0750 record high and extend the underlying bullish structure. Meanwhile, support is raised to the 89.7200/89.49000 area which now underpin. Only below this will expose the 89.2500 low to retest and see room for deeper pullback to the 89.0000 level and strong support at 88.8000, September high.