USD/INR Technical Analysis: 10-day EMA keep driving buyers to 72.37/38 supply zone Yet another U-turn from the 10-day EMA, USD/INR takes the bids to 72.00 during Thursday’s Asian session. The recovery is also supported by bullish conditions of the 14-day Relative Strength Index (RSI), which in turn favors further upside for the price. In doing so, highs marked during late-August and mid-November, around 72.37/38 will be the key to watch as a break of which could escalate the currency pair’s run-up to the yearly top close to 72.65 while highlighting December 2018 peak of 72.82 afterward. Read more”¦ USD/INR: Mildly positive as US-China row confronts Indian government measures With mixed sentiment surrounding the US-China deal keeping the USD on the front-foot, USD/INR finds it hard to extend gains following the Indian government measures. Dollar/rupee stays mildly bid while taking rounds to 71.82 ahead of the European session on Thursday. On Wednesday, the Indian cabinet announced steps to divest five Public Sector Undertakings (PSUs) while announcing additional measures, such as a two-year moratorium for telecom companies. Moreover, the  Securities and Exchange Board of India (SEBI) released notifications that could positively affect market investments and solve trading problems. Read more…  FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next WTI fades an uptick above $ 57 amid trade uncertainty FX Street 2 years USD/INR Technical Analysis: 10-day EMA keep driving buyers to 72.37/38 supply zone Yet another U-turn from the 10-day EMA, USD/INR takes the bids to 72.00 during Thursday's Asian session. The recovery is also supported by bullish conditions of the 14-day Relative Strength Index (RSI), which in turn favors further upside for the price. In doing so, highs marked during late-August and mid-November, around 72.37/38 will be the key to watch as a break of which could escalate the currency pair's run-up to the yearly top close to 72.65 while highlighting December 2018 peak of 72.82 afterward. Read more"¦ USD/INR: Mildly… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
