DOLLAR—vs---RUPEE
Open—89.89--High---90.42---Low—89.87--Close---90.28 on 9.1.2026.
All-Time High:-91.14 made on 17.12.2025.
Recent Low:-87.58 made on 16.10.2025.
Support:89.98/89.82/89.70/89.65/89.20/88.92/8891/88.41/88.31/88.10/88.04/87.58/87.54/87.13/86.91/86.79/86.75/86.45/86.29/86.14/85.39/85.18/85.01/84.99/84.77/54.60/84.32/83.72.----
Resistance:90.34/90.47/90.65/90.87/91.14/91.67/91.88/92.34/94.28/97.42.
(Bold and underlined figures are most important).
It is in the strong long term uptrend now and the overall technical setup looks good for the continuation. But it is already into correction mode now and at present its important support points are at 89.98/.97---89.73---89.66---89.39 (some figure may change). But please note that break & sustained close below 89.98/.97 will be an alert sign and may dampen the chances of up-move and may head down further. It is important to mention here that to keep the hope alive for a continued up-move in the year--2026 it has to sustain above 89.98/.97 on the closing basis; else it may start to drift down. Break & sustained close below the range of 89.73---89.66---89.39 will push it into deeper correction mode and can drag it down further. Moving down its broad support points could be at 89.05---88.94---88.42---88.16---87.58---87.43---86.59---86.37---85.47---85.18(figures may change) (for in between support points, see the support table on the upside) it may bounce back from any of these points but break & sustained close below 85.18 can drag it down to 83.72 levels or lower, which may please be noted.
Similarly moving up the important resistance points are at 90.30---90.50---90.75---91.14, please
note that if it moves above the range of 90.30---90.50---90.75
and sustain on the closing basis then it will get out of corrective mode and may
resume the up-move and may retest its all-time high of 91.14 or may go beyond it also and if it moves above 91.14 and sustain on the closing basis
then the broad upside target or resistance points could be 91.67—91.88—92.34---94.28---97.42, please note that it could
correct at any of these points and then may resume the up-move again or halt the
up-move for a while and move sideways in a range for some time and then decide
further direction. It is important to mention here that to
keep the strong up-momentum going in the year-2026 it has to sustain above 91.14
on the closing basis, else it may signal weakness. It is in the strong long
term uptrend now, so the bias is strongly up as of now.
IMPORTANT NOTE: - THE TECHNICAL SETUP LOOKS GOOD AS OF NOW FOR THE
CONTINUATION OF THE UP-MOVE AND IT IS IN THE STRONG LONG TERM UPTREND. BUT, FEW
IMPORTANT TECHNICAL INDICATORS SPEAKS OTHERWISE ON THE DAILY, WEEKLY&
MONTHLY CHART AND IT MAY GET INTO DEEPER CORRECTION IN COMING TIMES, THEREFORE
IT IS SUGGESTED TO BE ALERT, WATCHFUL AND CAUTIOUS IN THE LONG TRADE. PLEASE DO NOT TRADE OR INVEST
WITHOUT STOP LOSS.
NOTE: - It is a technical assessment as of now, the technical
interpretation changes with the price movement and time; therefore it has to be
reviewed at regular intervals.
Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view. This is purely for educational purpose only.
Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.
Note: Price stated here are of spot market.
Contact me for strategic guidance to enter and
exit trade.
Thanks
Narendra Kumar Surana
Mobile—8240951127/9831313654.
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