USD/INR Levels Today: Support, Resistance, Option Chain & Trade Setup
For 23 June 2026
Today’s USD/INR Outlook
Bullish Above: 94.75
Bearish Below: 94.25
Expected Range: 94.25 – 95.00
Best Trade Today: Buy 94.50 PE below 94.25 or Buy 94.75 CE above 94.75
USD/INR is trading near 94.53, showing mild recovery after recent weakness. The chart indicates consolidation near the lower end of the recent range, while RSI around 43 suggests weak momentum but not oversold conditions.
As long as USD/INR remains below 94.75, rallies may face resistance. A move above 94.75–95.00 can trigger short covering, while a fall below 94.25 may open downside towards 94.00–93.50.
Key USD/INR Levels Today
| Level | Price |
|---|---|
| Support 1 | 94.25 |
| Support 2 | 94.00 |
| Pivot | 94.50 |
| Resistance 1 | 94.75 |
| Resistance 2 | 95.00 |
Chanakya View
👉 Above 94.75: Buy 94.75 CE for targets of 95.00–95.50.
👉 Above 95.00: Fresh bullish momentum may emerge.
👉 Below 94.25: Buy 94.50 PE for targets of 94.00–93.50.
👉 Between 94.25–94.75: Expect consolidation and premium erosion.
USD/INR Option Chain Strategy Today – 25 June Expiry
Today’s Options Trade Setup
| Instrument | Trade | Buy Zone | Target | Stop Loss |
|---|---|---|---|---|
| USD/INR 94.50 PE | Buy Below Support | Rs. 0.14 – 0.17 | Rs. 0.25 / 0.35 | Rs. 0.09 |
| USD/INR 94.75 CE | Buy on Breakout | Rs. 0.20 – 0.25 | Rs. 0.35 / 0.50 | Rs. 0.13 |
| USD/INR 95.00 CE | Aggressive Buy Above 95.00 | Rs. 0.03 – 0.05 | Rs. 0.10 / 0.18 | Rs. 0.015 |
Why This Trade?
• USD/INR is consolidating near 94.50 after correcting from higher levels.
• RSI near 43 indicates weak-to-neutral momentum.
• StochRSI remains near the lower zone, suggesting possible recovery attempt.
• Option chain shows strong Put OI at 94.00 and 94.50.
• Call OI is visible at 95.00 and 96.00, making 95.00 the key resistance zone.
• Unless USD/INR crosses 94.75–95.00, upside may remain capped.
Support and Resistance
| Type | Levels |
|---|---|
| Immediate Support | 94.25 – 94.00 |
| Strong Support | 93.50 – 93.00 |
| Immediate Resistance | 94.75 – 95.00 |
| Strong Resistance | 95.50 – 96.00 |
▶ PCR / OI Reading Today
| Strike | Interpretation |
|---|---|
| 94.00 | Strong Put OI support |
| 94.50 | Active CE and PE battleground |
| 95.00 | Major Call resistance |
| 95.50 | Secondary resistance |
| 96.00 | Strong Call wall |
Bias: Weak below 94.25, recovery only above 94.75–95.00.
▶ Max Pain & Execution Plan
| Metric | Level |
|---|---|
| Max Pain Zone | 94.50 – 95.00 |
| Condition | Action |
|---|---|
| Above 94.75 | Buy 94.75 CE |
| Above 95.00 | Buy 95.00 CE |
| Below 94.25 | Buy 94.50 PE |
| 94.25 – 94.75 | No Trade Zone |
▶ Technical View Today
| Indicator | Signal |
|---|---|
| Momentum | Weak to Neutral |
| RSI | 43.17 |
| StochRSI | Near Oversold |
| Chart Structure | Consolidation |
| Option Bias | Resistance near 95.00 |
| Trading Style | Range breakout only |
▶ Pro-Level Upgrade
• Avoid aggressive trades inside 94.25–94.75.
• Fresh bullish trade only above 94.75.
• Stronger confirmation only above 95.00.
• Below 94.25, bears may push USD/INR towards 94.00–93.50.
• Option traders should avoid deep OTM strikes due to fast premium erosion near expiry.