Mercury Conjunct Venus: USD INR Weekly Forecast

By | February 4, 2024 10:18 am

US Dollar strong across the board on strong US Job Report. USDINR has witnessed persistent selling, despite the fact that prices are still contained within the established range since August of the previous year. The emergence of bearish price action in the recent period cannot be overlooked. The anticipated trading range for USDINR is projected to be between 82.80 and 83.50, with discernible support and resistance levels at regular intervals.

Venus is having big impact of Forex so we can see trending move in coming week based on break of Monday High and Low.



USD INR broken gann angle support zone.

USD INR Supply Demand Zone

India Rupee Supply Demand Chart : Demand in range of  82.75-82.80, Supply in range of 83.15-83.230

USD INR Harmonic

Price is forming the D Leg of SHARK  Pattern heading towards 82.80/82.65 till below 83.25

USD INR Astro/Gann Trend Change Date

Major Trend Change date for INR is 05 Feb

Weekly Trend Change: 83

Weekly Resistance: 83.20,83.40,83.65,83.85

Weekly Support: 83,82.80,82.65,82.50

Levels Mentioned are for Feb Contract of USD INR

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