USD/INR New York Price Forecast: Greenback trading off record highs vs. Indian rupee

  • USD/INR’s uptrend stays intact as the spot is trading off the all-time high.
  • The level to beat for bulls is the 76.50 resistance.  
 

USD/INR daily chart

 
USD/INR uptrend stays in place as the spot is easing slightly from the 76.50 resistance. However, a breakout beyond the above-mentioned level could send the quote into uncharted territories towards the 77.00 and 78.00 price levels. On the flip side, support can be expected near the 75.50, 74.50 and 73.50 levels on any retracement.  
 
 

Additional key levels

 

S&P 500: Year end target raised to 3000 – Morgan Stanley

Mike Wilson from Morgan Stanley have been more constructive on equity markets than the consensus, on the premise that this recession would be one of t
Đọc thêm Previous

USD/CHF drops to fresh 2-week lows, bears eyeing 0.9600 mark

The USD selling bias picked up pace in the last hour and dragged the USD/CHF pair to fresh two-week lows, around the 0.9620-15 region. The pair failed
Đọc thêm Next