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

 

 

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.