USD/INR New York Price Forecast: Greenback knocking at the 76.00 resistance vs. Indian rupee

USD/INR is challenging the 76.00 resistance as the New York forex session is starting.
A daily close above the 76.00 level can be seen as bullish.

Flavio Tosti Independent Analyst

USD/INR daily chart

USD/INR is testing the 76.00 figure while above the main SMAs on the daily chart. The bulls remain in charge at the start of the new trading week. A close above the 76.00 resistance on a daily closing basis should lead to more upside potential with 76.50 as a possible target. On the other hand, a break below the 75.50 support can lead to more down in the medium-term.

Additional key levels

USD/INR

Overview
Today last price	76.025
Today Daily Change	0.0299
Today Daily Change %	0.04
Today daily open	75.9951

Trends
Daily SMA20	75.6864
Daily SMA50	75.7852
Daily SMA100	73.8282
Daily SMA200	72.5673

Levels
Previous Daily High	76.0223
Previous Daily Low	75.62
Previous Weekly High	76.0223
Previous Weekly Low	75.4707
Previous Monthly High	76.975
Previous Monthly Low	75.14
Daily Fibonacci 38.2%	75.8686
Daily Fibonacci 61.8%	75.7737
Daily Pivot Point S1	75.736
Daily Pivot Point S2	75.4768
Daily Pivot Point S3	75.3337
Daily Pivot Point R1	76.1383
Daily Pivot Point R2	76.2814
Daily Pivot Point R3	76.5406

Author

Flavio Tosti

Independent Analyst

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