10 Apr 2020
USD/INR New York Price Analysis: Greenback bulls pressuring the all-time highs vs. Indian rupee
- USD/INR’s bull trend stays intact as the quote is printing fresh all-time highs.
- The level to beat for bulls is the 76.50 resistance.
USD/INR daily chart
The USD/INR bull trend stays intact as the spot is hovering just below the 76.50 resistance while buyers want to keep the pressure near all-time highs. A breakout above the above-mentioned level can lead to further advances en route to the 77.00 and 78.00 price levels while support could be expected near the 75.50, 74.50 and 73.50 levels on any retracement down.
Additional key levels