Market Conditions for USDINR as at Oct 22, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for US Dollar/Indian Rupee
US Dollar/Indian Rupee ProfileThe US Dollar/Indian Rupee (USD/INR) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. USD is the base currency and INR is the quote currency, meaning that 1 US Dollar was worth 73.6210 Indian Rupee at the end of the New York trading session on Thursday, 0.04% more than at the previous close.
Technical Analysis Summary for Oct. 22, 2020
Although the market is experiencing a short-term uptrend, this might just be a correction, as both the medium and long-term trends are still bearish. Thursday's trading range has been 2865 pips (0.39%), that's below the last trading month's daily average range of 3589 pips. Further buying could move prices higher should the market test September's close-by high at 74.0385.
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