USD/INR New York Price Analysis: Greenback nearing 76.00 figure vs. Indian rupee

 

 

USD/INR found some support near the 75.50 level as the market starts the week on broad-based US dollar demand. The market is facing now resistance near the 76.00 figure and a break beyond this level can lead to further price advances towards the 76.50 and 77.00 levels in the medium-term. On the flip side, support can emerge near the 75.50 and 75.00 levels.