9 Apr 2020
USD/INR New York Price Forecast: Greenback off fresh record highs vs. Indian rupee
- USD/INR’s bull trend remains intact as the market is printing fresh record highs.
- The level to beat for buyers is the 76.50 resistance.
USD/INR daily chart
The USD/INR bull trend stays intact as the spot is parked below the 76.50 resistance while bulls printed fresh record highs earlier. A break above the above-mentioned level should lead to further gains en route to the 77.00 and 78.00 price levels on the way up while support could emerge near the 75.50, 74.50 and 73.50 price levels on any pullback down.
Additional key levels