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- USD/INR has the December high of 76.40 in its crosshairs – SocGen
USD/INR has the December high of 76.40 in its crosshairs – SocGen
USD/INR has rebounded strongly from 73.80. Economists at Société Générale expect the pair to target 75.95 and the December peak of 76.40.
Holding 75.00 is crucial to see further gains
“USD/INR has overcome the daily Ichimoku cloud (now at 75.00). Next potential hurdles are at projections of 75.95 and December peak of 76.40.”
“Defending 75.00 is essential for further up move.”
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