USD/INR sellers await a downside break of short-term key moving average to validate the slip beneath ascending trend-line. 69.36/37, comprising latest highs, seem near-term key resistance. Despite bouncing off 68.63, the USD/INR pair’s pullback is confined by the support-turned-resistance as it trades near 68.9375 heading into the Monday’s European session. As a result, pair’s fresh declines to recent lows can’t be denied. However, 100-bar moving average on the 4-hour chart (4H 100MA) can limit the pair’s further downside around 68.7610. Should sellers refrain from respecting 68.7610, 68.3650 and 68.2475 will flash on their radars. Meanwhile, successful clearance of 68.9542 trend-line resistance can trigger fresh upside towards 69.36/37 area that holds the key to 70.00 round-figure. USD/INR 4-hour chart Trend: Pullback expected 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 Forex Today: US dollar holds firmer ahead of a busy week FX Street 4 years USD/INR sellers await a downside break of short-term key moving average to validate the slip beneath ascending trend-line. 69.36/37, comprising latest highs, seem near-term key resistance. Despite bouncing off 68.63, the USD/INR pair's pullback is confined by the support-turned-resistance as it trades near 68.9375 heading into the Monday's European session. As a result, pair's fresh declines to recent lows can't be denied. However, 100-bar moving average on the 4-hour chart (4H 100MA) can limit the pair's further downside around 68.7610. Should sellers refrain from respecting 68.7610, 68.3650 and 68.2475 will flash on their radars. Meanwhile, successful clearance of 68.9542 trend-line… Regulated 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.
