13 Apr 2020
USD/INR New York Price Analysis: Greenback clings to record highs vs. Indian rupee
- USD/INR’s bull trend remains intact as the spot is trading just below the all-time high.
- The level to beat for buyers is the 76.50 resistance.
USD/INR daily chart
The USD/INR bull trend remains intact as the quote is parked just below the 76.50 resistance while bulls want to hold the market near all-time highs. A break beyond the above-mentioned level could introduce scope to further advances en route to the 77.00 and 78.00 price levels. On the other hand, support can be expected near the 75.50, 74.50 and 73.50 levels on any pullback down.
Additional key levels