Home USD/INR New York Price Forecast: Dollar retreats from record highs, trades near 75.15 vs. Indian rupee

USD/INR New York Price Forecast: Dollar retreats from record highs, trades near 75.15 vs. Indian rupee

Published date: 26 Mar. 2020 | 14:07

The US dollar is down vs. the Indian rupee as the market retreats from record highs.
A deeper pullback down can be expected.

USD/INR daily chart

USD/INR is retracing down sharply from record highs, challenging now the 75.00 figure. The spot can extend losses on a break below the 75.00 figure with 74.00 and 73.00 on the bears’ radar. Resistance can be expected near 75.50, 76.00 and 76.50 levels.

Additional key levels

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