Dollar Index is being driven higher by the surge in US real yields,USDINR pair remains steady.We might witness continued rangebound trading, extending into the upcoming week as well. Traders would do well to maintain their attention on the range between 82.40 and 82.70 for the spot price. A decisive breach of this range could potentially trigger a test of the 82.00 levels on the downside, while a breach to the upside might lead to levels at 83.00 and beyond.
USD INR Weekly Chart
USD INR rejected from Upper end of range one again.
USD INR Plannetary Support and Resistance Line
Indain Rupee is taking support at Venus Plannetary line 82.50-82.60
USD INR Harmonic
Price is heading towards 82/81.5 as Shark Pattern is completed.