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USD/INR New York Price Forecast: Greenback approaches 76.00 figure vs. Indian rupee

  • USD/INR is trading near the 76.00 resistance as the New York forex session is kicking off.
  • A close above the 76.00 level on a daily basis can lead to more up. 
 

USD/INR daily chart

 
USD/INR is ranging above the 75.50 support and the 50 SMA on the daily chart. The buying pressure is keeping this market afloat. A daily close above the 76.00 resistance can lead to more up with 76.50 as a possible bullish target. On the flip side, a break below the 75.50 level can yield selling interest in the medium-term.  
  

Additional key levels

USD/INR

Overview
Today last price 75.955
Today Daily Change 0.3175
Today Daily Change % 0.42
Today daily open 75.6375
 
Trends
Daily SMA20 75.7002
Daily SMA50 75.7447
Daily SMA100 73.786
Daily SMA200 72.543
 
Levels
Previous Daily High 75.83
Previous Daily Low 75.4713
Previous Weekly High 76.1945
Previous Weekly Low 75.0489
Previous Monthly High 76.975
Previous Monthly Low 75.14
Daily Fibonacci 38.2% 75.693
Daily Fibonacci 61.8% 75.6083
Daily Pivot Point S1 75.4625
Daily Pivot Point S2 75.2876
Daily Pivot Point S3 75.1038
Daily Pivot Point R1 75.8212
Daily Pivot Point R2 76.005
Daily Pivot Point R3 76.1799

 

 

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