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USD/INR New York Price Forecast: Greenback trading off record highs vs. Indian rupee

  • USD/INR’s uptrend stays intact as the spot is trading off the all-time high.
  • The level to beat for bulls is the 76.50 resistance.  
 

USD/INR daily chart

 
USD/INR uptrend stays in place as the spot is easing slightly from the 76.50 resistance. However, a breakout beyond the above-mentioned level could send the quote into uncharted territories towards the 77.00 and 78.00 price levels. On the flip side, support can be expected near the 75.50, 74.50 and 73.50 levels on any retracement.  
 
 

Additional key levels

 

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