Back
26 Mar 2020
USD/INR New York Price Forecast: Dollar retreats from record highs, trades near 75.15 vs. Indian rupee
- The US dollar is down vs. the Indian rupee as the market retreats from record highs.
- A deeper pullback down can be expected.
USD/INR daily chart
USD/INR is retracing down sharply from record highs, challenging now the 75.00 figure. The spot can extend losses on a break below the 75.00 figure with 74.00 and 73.00 on the bears' radar. Resistance can be expected near 75.50, 76.00 and 76.50 levels.
Additional key levels