- USD/INR stays well-set for three-week losing streak, down for the fourth consecutive day.
- Indian Rupee buyers take a breather at 11-week-old ascending trend line.
- Clear break of upward-sloping previous support line from September 2022, bearish MACD signal favor USD/INR sellers.
- Convergence of Five-month-old support line, 200-DMA appears a tough nut to crack for pair bears.
USD/INR bears poke a multi-day-old support line around 81.80 as it braces for the third consecutive weekly loss on early Friday. Apart from the stated support line, the Good Friday holiday and cautious mood ahead of the US Nonfarm Payrolls (NFP) release also challenge the Indian Rupee (INR) pair.
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