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  • USD/INR is ticking down on broad-based USD selloff. 
  • USD/INR rejects the 76.00 resistance one more time.  

USD/INR daily chart

USD/INR is rejecting the 76.00 figure once again as the quote is failing to find a clear direction in May while the market remains trapped in the 75.00/76.00 range. A close below the 75.50 level on a daily basis can attract further selling interest with 75.00 as a possible target. On the flip side, strong resistance is seen near the 76.00 figure.

Additional key levels