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

The USD/INR may prove attractive to speculators who believe the Forex pair may be ready to re-establish some bearing traction.

The USD/INR has lost some of its bullish momentum in trading today as the Forex pair has come off highs.

The USD/INR continues to prove bearish speculators wrong as it incrementally climbs higher and tests mid-term values seen in April.

The month of July could be a little bit soft.

The USD/INR remains within the higher part of its mid-term range, but before going into the weekend, the Forex pair saw bullish behavior erode.

The USD/INR continues to incrementally increase in value and important resistance is certainly the next target for bullish speculators.

The US dollar rallied a bit during the trading session on Tuesday as we continue to test the ₹74.50 level.

Speculators who have been pursuing bearish technical sentiment have likely suffered the past week-and-a-half of trading as the USD/INR has moved higher.

Short-term, risk-averse trading has certainly caused bullish momentum within the USD/INR to rise, and speculators need to prepare for a volatile 24 hours to come.

The Indian rupee initially fell during the trading session on Monday to kick off the week but has turned around to show signs of life again, as we did up forming a hammer.

The USD/INR has become rather choppy and traded higher as Forex has become stormy while the US Federal Reserve’s shadow grows.

The last two days of trading within the USD/INR has seen a polite reversal higher take place as the 73.0000 resistance level has attracted a test of its juncture.

After making short-term highs on the 2nd of June, the USD/INR has seen renewed vigor via bearish sentiment and the Forex pair is now challenging key support.

The USD/INR has produced another leg upwards, which has the Forex pair challenging resistance levels seen almost two weeks ago.

The USD/INR has reacted with a move higher, after touching important support levels late last week and yesterday.

The US dollar fell during the month of May against the Indian rupee, which should not be a huge surprise, as we have seen the US dollar fall in general.

The USD/INR continues to demonstrate a solid bearish trend and, in early trading this morning, the Forex pair has experienced more selling.

The USD/INR remains gripped within a bearish trend which continues to demonstrate rather durable resistance levels.

The USD/INR has continued to exhibit bearish movement and the Forex pair is now trading vicinity which will likely attract speculative wagers on direction.

The USD/INR continues to produce downside momentum and is challenging important mid-term support levels within sight of the 73.2000 juncture.