7 Apr 2020
USD/INR New York Price Forecast: US dollar easing from record highs vs. Indian rupee
- The US dollar is easing from record highs as DXY (US dollar index) pulls back down.
- USD/INR is challenging the 75.50 support level.
USD/INR daily chart
USD/INR is retreating from all-time highs as the spot challenges the 75.50 support. USD is weak this Tuesday weighing on USD/INR as bears would be looking for a break below the above-mentioned level while support is seen near 74.50 and 73.50 on the way down. Resistance is seen near 76.50 and the 77.00 figure.
Additional key levels