USD INR Weekly Forecast 18 March -22 March 2024

By | March 17, 2024 11:38 am

USD/INR has opened higher today, driven by risk-off sentiments and a rise in the US Dollar Index overnight. We anticipate that the pair will encounter initial resistance around the 83.00 level, with further resistance near 83.15/20. On the downside, a support zone is seen between 82.70 and 82.80 levels.



USD INR bounced from lower end of the range at 82.5-82.6

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 Alternate ABCD Pattern heading towards 83/83.15 till above 82.5

USD INR Astro/Gann Trend Change Date

Major Trend Change date for INR is 18 March

Weekly Trend Change: 82.90

Weekly Resistance: 83.05,83.20,83.40

Weekly Support: 82.80,82.65,82.50

Levels Mentioned are for March Contract of USD INR

Category: USD INR Technical Analysis

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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