Home USD/INR New York Price Forecast: Greenback knocking at the 76.00 resistance vs. Indian rupee

USD/INR New York Price Forecast: Greenback knocking at the 76.00 resistance vs. Indian rupee

Updated: 25 May. 2020 | 14:07

USD/INR is challenging the 76.00 resistance as the New York forex session is starting.
A daily close above the 76.00 level can be seen as bullish.

USD/INR daily chart

USD/INR is testing the 76.00 figure while above the main SMAs on the daily chart. The bulls remain in charge at the start of the new trading week. A close above the 76.00 resistance on a daily closing basis should lead to more upside potential with 76.50 as a possible target. On the other hand, a break below the 75.50 support can lead to more down in the medium-term.

Additional key levels

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