Home USD/INR New York Price Forecast: US dollar consolidates recent drop near 75.00 vs. Indian rupee

USD/INR New York Price Forecast: US dollar consolidates recent drop near 75.00 vs. Indian rupee

Published date: 27 Mar. 2020 | 14:07

The US dollar is consolidating vs. the Indian rupee as the market retreats from record highs.
Further consolidation can be expected.

USD/INR daily chart

USD/INR is consolidating the slide seen on Thursday near the 75.00 figure. However, the market might need to consolidate further with a potential test down to the 74.00 level. Bulls want to retake the 76.00 handle to travel towards the 77.00 and 78.00 resistances.

Additional key levels

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