US Dollar/Indian Rupee (USD/INR) Exchange Rate

The USD/INR has continued to show signs of bearish movement, but has seen reversals higher when important support levels have been tested.

INR/USD speculators need to be braced for whipsaw conditions to potentially be displayed today and tomorrow, as the Forex pair tests important mid-term lows.

The US dollar has been very quiet against the Indian rupee over the last month or so, stretching against the top of the overall consolidation range.

The USD/INR has seen bearish momentum generate power in early trading this morning and important support levels have proven vulnerable.

The 75.0000 trading juncture for the USD/INR remains a focal point and could intrigue speculators regarding potential volatility that may ignite short term.

The USD/INR is below the 75.0000 level in early trading today, after not being able to sustain its higher price range yesterday and seeing some selling develop.

The USD/INR remains within the upper realms of its trading range and speculators may be attracted to the current technical price action.

The USD/INR has again displayed ability to incrementally climb higher and extend its bullish move; in fact, speculators may believe the Forex pair has gained additional momentum short term.

The USD/INR moved higher in the past day of trading and its price velocity has seen an increase in volatility as mid-term highs are being tested.

The US dollar initially tried to rally on Tuesday against the Indian rupee but found enough resistance to turn things around and close towards the ₹75 handle.

The USD/INR is challenging mid-term highs as fragile global financial markets have helped fuel bullish speculative behavior in Forex.

The US dollar pulled back just a bit during the course of the trading session but then turned around to show signs of life again against the Indian rupee.

Fast Speculative Whipsaw Trends Need Contemplation

The USD/INR continued to climb upwards yesterday and experienced a surge in momentum when the Forex pair raced through the 74.0000 ratio.

The USD/INR tested new highs yesterday, but then reversed slightly and has exhibited choppy conditions early this morning.

The USD/INR has continued to traverse within the higher realms of its short-term range as risk-averse trading seems to have created more durable support.

The USD/INR remains within the higher price vicinity it has traversed the past few days and its recent consolidation may be signaling action to come.

The USD/INR has remained in the higher realms of a slightly bullish price range in the short term as broad market nervousness has been reflected in the Forex pair.

The past handful of days has seen consolidation exhibited within the USD/INR with a slight reversal higher, but the current price range remains in bearish territory.

The US dollar initially tried to rally on Wednesday but then turned around to show signs of weakness yet again.