US Dollar/Indian Rupee (USD/INR) Exchange Rate
USD/INR Pivot Points
USD/INR Latest Updates
The USD/INR has seen its short-term support and resistance levels grow tighter the past couple of days.
The USD/INR continues to test long-term support levels and traders who believe a bearish move is likely to happen should practice patience.
The USD/INR has been able to sustain its lower value range the past couple of days, but support below has also proven rather strong and has produced a couple of reversals higher.
The USD/INR opened this morning with a swift movement downward testing the lower realm of its nearby support within the 72.800 level.
USD/INR: Indian Rupee Intrigue as Bearish Sentiment Builds
The USD/INR continues to explore lower support levels incrementally and its bearish trend is showing signs of building momentum.
The USD/INR is shadowing important support levels which have proven rather strong in early September and the second week of October.
The start of trading this year for the USD/INR has produced choppy waters, but the Forex pair in the last week has begun to also trade in a manner similar to the past three months.
The US dollar rallied initially during the trading session on Monday, but gave back some of the gains to form a shooting star-shaped candlestick.
The US dollar rallied a bit against the Indian rupee during the trading session on Friday but then gave back the gains and ended up forming a bit of an inverted hammer.
The US dollar initially tried to rally during the trading session on Wednesday, but gave back the early gains to form an inverted hammer against the Indian rupee.
The Forex pair has reestablished is bearish trend and is hovering above key support levels.
The US dollar initially rallied during the trading session on Monday to kick off the week against the Indian rupee.
The past week of trading in the USD/INR has seen a clear bullish trend develop, and traders who have been pursuing lower values may have to reevaluate their thinking short term.
The US dollar fluctuated during the course of the trading session on Wednesday as the Indian rupee sits on the ₹73 level.
The USD/INR has bounced off of low water marks and reversed higher short term, but the Forex pair has not steered too far away from support levels, which are still acting as legitimate targets.
The US dollar had a rough trading session initially on Monday as it plunged below the ₹73 level.
The USD/INR hit new short-term lows early today as its bearish trend refuses to vanish.
The USD/INR has seen downward momentum remain tantalizingly strong the past few trading days.
The US dollar initially tried to rally against the Indian rupee during the trading session on Tuesday.