USD/INR has carved out a symmetrical triangle pattern. A breakout would expose key resistance above 76.00. USD/INR has charted higher lows and lower highs pattern over the last four weeks. In other words, the currency pair has formed a symmetrical triangle on the daily chart. A breakout would imply a bullish reversal and open the doors for a test of resistance at 76.33 (June 16 high). Alternatively, a triangle breakdown would expose the low of 73.83 reached exactly a month ago. At press time, USD/INR is trading at 74.76. The triangle resistance is located at 75.13 and support is seen at 74.76. Daily chart Trend: Neutral Technical levels FX Street 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 Post By FX Street FXStreet News share Read Next RBNZ Survey: NZ inflation expectations rebound in Q3, Kiwi uninspired FX Street 2 years USD/INR has carved out a symmetrical triangle pattern. A breakout would expose key resistance above 76.00. USD/INR has charted higher lows and lower highs pattern over the last four weeks. In other words, the currency pair has formed a symmetrical triangle on the daily chart. A breakout would imply a bullish reversal and open the doors for a test of resistance at 76.33 (June 16 high). Alternatively, a triangle breakdown would expose the low of 73.83 reached exactly a month ago. At press time, USD/INR is trading at 74.76. The triangle resistance is located at 75.13 and support is seen… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
