Home USD/INR New York Price Forecast: Greenback approaches 76.00 figure vs. Indian rupee

USD/INR New York Price Forecast: Greenback approaches 76.00 figure vs. Indian rupee

Updated: 22 May. 2020 | 14:07

USD/INR is trading near the 76.00 resistance as the New York forex session is kicking off.
A close above the 76.00 level on a daily basis can lead to more up.

USD/INR daily chart

USD/INR is ranging above the 75.50 support and the 50 SMA on the daily chart. The buying pressure is keeping this market afloat. A daily close above the 76.00 resistance can lead to more up with 76.50 as a possible bullish target. On the flip side, a break below the 75.50 level can yield selling interest in the medium-term.

Additional key levels

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