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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

 

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