Weekly Trade Levels for USD/INR: Analysis and Forecast

By | June 25, 2023 3:03 pm

USDINR to trade within the range of 81.80/85 and 82.05/08 on the spot. Incase it breaks 81.80 with volume, then we may even see the test of the critical support zone near 81.60/65 levels on spot. Scalping remains the preferred strategy, and despite the historically low implied volatilities and options premiums.

USD INR Gann Angle Chart

 

USD INR did a breakdown at 82, Till below 82 can see fall towards 81.80/81.65.

USD INR Plannetary Support and Resistance Line

 

Indain Rupee is above Venus Plannetary line heading  towards 81.80/81.65

USD INR Harmonic

Price is heading towards 81.5  to complete GARTLEY pattern.

USD INR Astro/Gann Trend Change Date

Major Trend Change date for INR is 26 June

Weekly Trend Change: 82

Weekly Resistance:82.25,82.50,82.75,82.90,83.05

Weekly Support: 81.85,81.70,81.55,81.40

Levels Mentioned are for July Contract of USD INR

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