Home USD/INR New York Price Analysis: Greenback nearing 76.00 figure vs. Indian rupee
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USD/INR New York Price Analysis: Greenback nearing 76.00 figure vs. Indian rupee

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Published date:
  • USD/INR starts the weak with a turn higher on broad-based US dollar demand. 
  • The level to beat for bulls is the 76.00 figure. 
 

USD/INR daily chart

 
USD/INR found some support near the 75.50 level as the market starts the week on broad-based US dollar demand. The market is facing now resistance near the 76.00 figure and a break beyond this level can lead to further price advances towards the 76.50 and 77.00 levels in the medium-term. On the flip side, support can emerge near the 75.50 and 75.00 levels. 
 
 

Additional key levels

 

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