Published at 04:43 (GMT) 23 Jul

Chart USD/INR Update: Staging rebound (ZODC4901)

23 Jul USD/INR Daily
04:32 GMT - Opening gap-up above 55.545 resistance is enforcing the strength of the daily uptrend line from 29-Feb's low with focus shifting higher towards 55.950 and expect the latter to
check further gain and trigger a reversal to fill the lower pattern-gap at 55.610-55.330 area. [W.T]

R5: 56.38 * 25 Jun low, break-point
R4: 56.12 61.8% of 57.325-54.17 drop
R3: 56.07 * 9 Jul high
R2: 55.95 12 Jul high
R1: 55.75 13 Jul high

S1: 55.61 intraday level
S2: 55.545 18 Jul high
S3: 55.33 20 Jul high
S4: 55.00 * Uptrend line fr 29/2 low
S5: 54.97 18 Jul low