Home USD/INR New York Price Forecast: Greenback firmer vs. Indian rupee, trades near 75.75 level

USD/INR New York Price Forecast: Greenback firmer vs. Indian rupee, trades near 75.75 level

Updated: 5 May. 2020 | 14:12

USD/INR rebounds from the 75.00 level.
The level to beat for buyers is the 76.00 resistance.

USD/INR daily chart

USD/INR bull trend stays intact as the quote is trading above its main SMAs while the spot is rebounding above the 75.00 mark. Bulls stay in control as a break above the 76.00 resistance can open the door to extra gains towards the 76.50 and 77.00 levels in the medium-term. Conversely, support can emerge near the 75.00 and 74.50 price levels.

Additional key levels

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