USD INR Price Time Forecast For Next Week

By | May 29, 2022 5:08 pm
Indian Rupee continues to be an underperformer when ranked against its peers. This underperformance began right after RBI did a surprise rate hike on May 4th. FPI outflows and carry trade unwind is causing this. RBI would have to keep supporting Rupee, till the time, global sentiments remain fragile.

USD INR Gann Angle Chart

Price is heading to 1×1 Gann Angle after taking resistance at 1×2 line

USD INR Plannetary Support and Resistance Line

Indain Rupee breakdown below Venus Plannetary line towards 77.40/77.

USD INR Harmonic

Price is heading towards 77.40/77.

USD INR Astro/Gann Trend Change Date

Major Trend Change date for INR is 30 May

Weekly Trend Change: 77.80

Weekly Resistance:78,78.20,78.45,78.60

Weekly Support: 77.60,77.45,77.30,77.10

Levels Mentioned are for June Contract of USD INR

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