USD/INR New York Price Forecast: US dollar supported above 75.00 figure vs. Indian rupee


  • USD/INR finds some support near 75.00 and April lows.
  • The level to beat for bulls is the 75.50 resistance.
 

USD/INR daily chart

 
USD/INR found some resistance near the 75.00 figure as the market is trading below the 50 SMA on the daily time frame. The spot is regaining some modest strength and it appears that market players are comfortable near the April lows still looking for a bounce and break above the 75.50 and 76.00 resistance to the upside. 
 

Additional key levels

USD/INR

Overview
Today last price 75.2858
Today Daily Change 0.2240
Today Daily Change % 0.30
Today daily open 75.0618
 
Trends
Daily SMA20 76.0313
Daily SMA50 75.5169
Daily SMA100 73.4835
Daily SMA200 72.385
 
Levels
Previous Daily High 76.1945
Previous Daily Low 75.0489
Previous Weekly High 76.145
Previous Weekly Low 75.265
Previous Monthly High 76.975
Previous Monthly Low 75.14
Daily Fibonacci 38.2% 75.4865
Daily Fibonacci 61.8% 75.7569
Daily Pivot Point S1 74.6756
Daily Pivot Point S2 74.2895
Daily Pivot Point S3 73.53
Daily Pivot Point R1 75.8212
Daily Pivot Point R2 76.5807
Daily Pivot Point R3 76.9668

 

 

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