- Analytics
- News and Tools
- Market News
- USD/INR Price News: Bulls in charge and eye upside extension
USD/INR Price News: Bulls in charge and eye upside extension
- USD/INR bulls stay in charge and eye an upside continuation.
- USD/INR holds above the required support area on the daily chart for an upside continuation.
As per the prior analysis in the previous Asian session, USD/INR Price Analysis: Bulls advance and eye fresh daily highs, the price is behaving accordingly to the bullish outlook. The following is an analysis of the same daily chart that illustrates the prospects of an upside continuation.
USD/INR daily chart
-637702914946280370.png)
The price corrected to the prior resistance and has started to correlate. The bulls are accumulating at this juncture so there are prospects of an upside continuation.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
