Published: 2025-12-08T05:28:33.000Z
Chart USD/INR Update: Focus return to 90.4200 high
-
Bounce from the 89.6950 low to regain the 90.0000 level return focus to the upside for retest of 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
05:10 GMT - Bounce from the 89.6950 low to regain the 90.0000 level return focus to the upside for retest of the 90.4200 record high. Break here will see room to extend the underlying bull trend and see room to target 90.5000/90.7500 area. Beyond this will scope to the 91.0000 figure. Meanwhile, support is raised to the 90.0000 level which extend to 89.6950, Friday's low. This area should now underpin and limit corrective pullback. Break here will open up room for deeper pullback to 89.0000 figure and strong support at the 88.8000, September high.