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.

Flavio Tosti Independent Analyst

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

USD/INR

Overview
Today last price	75.5475
Today Daily Change	-0.4075
Today Daily Change %	-0.54
Today daily open	75.955

Trends
Daily SMA20	75.1809
Daily SMA50	73.2373
Daily SMA100	72.2552
Daily SMA200	71.4722

Levels
Previous Daily High	77.4
Previous Daily Low	75.8975
Previous Weekly High	77.605
Previous Weekly Low	74.95
Previous Monthly High	77.86
Previous Monthly Low	71.9975
Daily Fibonacci 38.2%	76.4715
Daily Fibonacci 61.8%	76.826
Daily Pivot Point S1	75.435
Daily Pivot Point S2	74.915
Daily Pivot Point S3	73.9325
Daily Pivot Point R1	76.9375
Daily Pivot Point R2	77.92
Daily Pivot Point R3	78.44

Author

Flavio Tosti

Independent Analyst

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