Home USD/INR New York Price Forecast: US dollar easing from record highs vs. Indian rupee

USD/INR New York Price Forecast: US dollar easing from record highs vs. Indian rupee

Updated: 7 Apr. 2020 | 14:17

The US dollar is easing from record highs as DXY (US dollar index) pulls back down.
USD/INR is challenging the 75.50 support level.

USD/INR daily chart

USD/INR is retreating from all-time highs as the spot challenges the 75.50 support. USD is weak this Tuesday weighing on USD/INR as bears would be looking for a break below the above-mentioned level while support is seen near 74.50 and 73.50 on the way down. Resistance is seen near 76.50 and the 77.00 figure.

Additional key levels

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 posts by FX Street

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.