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15 May 2020
USD/INR New York Price Forecast: Greenback boosted vs. Indian rupee, nearing 76.00 figure
- USD is approaching the 76.00 figure vs. the Indian rupee.
- A daily close above the 76.00 level can lead to further strength.
USD/INR daily chart
USD/INR is about to challenge the 76.00 figure while trading above the main SMAs on the daily time-frame. The bullish pressure remains intact and a break above the mentioned level should lead to extra-gains with the 76.50 resistance level on the bulls’radar. On the flip side, retracements down can find support near 75.50 and 75.00 levels in the medium-term.
Additional key levels