Published: 2025-09-29T05:30:35.000Z
Chart USD/INR Update: Stays supported, but overbought
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Little change, as prices holds a narrow range below the 88.7975 all-time high
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 91.5000 | * | projection | S1 | 88.4450 | ** | 11 Sep high | |
| R3 | 90.0000 | ** | psychological | S2 | 88.3300 | * | 1 Sep high | |
| R2 | 89.0000 | * | figure | S3 | 88.0000 | * | congestion | |
| R1 | 88.7975 | ** | 23 Sep all-time high | S4 | 87.8850 | ** | 5 Aug high |
Asterisk denotes strength of level
05:25 GMT - Little change, as prices holds a narrow range below the 88.7975 all-time high to consolidate strong gains from the 87.7200 low. Bullish momentum keeps pressure on the upside within the channel from the May low and higher will see scope for extension to target 89.0000 figure then the 90.0000 psychological level. However, overbought daily studies caution corrective pullback with the September highs at 88.4450/88.3300 now turned support and where break is needed to fade the upside pressure and open up room for deeper corrective pullback.