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

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.

The USD/INR has seen a strong tidal wave of selling emerge the past few days and, as September gets set to begin, traders need to be careful.

The USD/INR continues to show more bearish sentiment as important short-term support ratios are within sight which may attract speculators.

The market is perhaps getting ready to make a huge move.

The USD/INR has reversed higher in the past two days and has proven that short term resistance levels appear vulnerable.

The USD/INR is trading near the 74.2500 level: what should intrigue speculators of the forex pair is that technical and fundamental clues are being demonstrated.

The USD/INR has come off short-term highs while reacting with selling later yesterday, and has maintained it lower values early today.

The US dollar pulled back the last couple of days against the Indian rupee but has recovered those losses quite easily.

The USD/INR continues to incrementally produce short-term bearish momentum and traversed to a low of nearly 74.0300 before the weekend.

The Indian rupee gained slightly against the US dollar as the Delta variant in India seems to be slowing down.

The USD/INR is within sight of one-month technical lows as an incremental and steady bearish trend has taken hold.

As you can see on the longer-term weekly chart, the United States dollar has been very range-bound against the Indian rupee for roughly 2 years.

The US dollar initially pulled back a bit during the trading session on Wednesday only to turn around and show signs of life again.

The USD/INR continues to trade in a consolidated range and speculators within this Forex pair should be suspicious.

The USD/INR has developed a range bound technical pattern the past handful of days as resistance and support levels have created polite trading.

The USD/INR has turned lower and is testing important short-term support ratios as speculators contemplate technical direction.

The USD/INR produced a wave of additional volatility yesterday as the Forex pair exploded to new highs and this raises plenty of speculative questions.