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30 Mar 2020
USD/INR New York Price Forecast: US dollar upbeat vs. Indian rupee, trades above 75.50 level
- The US dollar is gaining steam vs. the Indian rupee as the market is heading towards record highs.
- The level to beat for bulls is the 76.50 level.
USD/INR daily chart
The bull trend remains intact as the market rebounds from above the 74.00 level on broad-based US demand. Bulls are looking for a break above the 76.50 level wich can introduce scope to the 77.00 and 78.00 figures on the way up while support should emerge near75.00, 74.40 and 73.50 price levels on any dip.
Additional key levels