Navigate the USD/INR Forex Market: Essential Weekly Trade Levels Revealed

By | July 2, 2023 3:38 pm

US data has been impressive. The GDP for the January to March quarter was revised upwards to 2.00%, and unemployment claims experienced the largest decrease in 20 months. As a result, traders are speculating on a possible interest rate hike by the Federal Reserve next month

USDINR June is closed at the high point of the week. USDCNH is approaching 7.30 and that could be pushing USDINR upwards.

USD INR Gann Angle Chart


USD INR Support can be found at 81.85/90 while resistance is observed at 82.30/35.

USD INR Plannetary Support and Resistance Line

Indain Rupee is bounced from Venus Plannetary line heading  towards 82.50/82.75

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 03 July

Weekly Trend Change: 82.10

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 June Contract of USD INR

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