US Dollar/Indian Rupee (USD/INR) Exchange Rate
USD/INR Pivot Points
USD/INR Latest Updates
The USD/INR has caught many speculators and financial institutions unprepared as it demonstrated a massive bullish move higher.
The USD/INR is hovering within the middle ground of its higher short-term range and traders may believe it is time to get speculative.
The US dollar has been going back and forth against the Indian rupee over the last several days, as we are sitting just below the 200 day EMA.
Resistance levels were brushed aside swiftly by the USD/INR yesterday as the Forex pair spiked higher.
The USD/INR has delivered fresh reversals early today, but its short-term value band continues to hold steady and offers speculators opportunity.
The USD/INR has produced a reversal higher in the past twelve hours after hitting important support levels below.
The USD/INR is challenging long-term support levels, but as lows get tested, volatility has increased with swift and frequent reversals.
The USD/INR is testing its short-term range as support continues to be targeted and is looking potentially vulnerable technically.
The USD/INR has proven to be rather intriguing during the month of March as it trades in a manner not quite correlated to other currency pairs.
The USD/INR delivered a large amount of volatility late last week, but the Indian rupee remains attractive technically.
The surge higher accomplished late last week in the USD/INR has shown lackluster ability to maintain its bullish momentum.
The USD/INR saw a massive wave of volatility rip through the Forex pair late last week, which suspended its bearish trend temporarily.
The USD/INR has risen in early trading today after testing important lower support yesterday, which gives speculators an opportunity.
The USD/INR has maintained its rather aggressive bearish trend, and what should intrigue speculators is the absence of volatile reversals higher.
Amid the COVID-19 pandemic, which saw India record nearly 11,000,000 confirmed infections and over 155,000 casualties to date, the political landscape changed into a binary system.
Spurts of volatility have been exhibited within the USD/INR the past day as the Forex pair challenged important support yesterday, but then began to experience incremental reversals higher.
The USD/INR broken through critical long-term support this morning and has seen its bearish trend grow in strength.
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.