USD / INR price analysis（bulls break through the monthly trend resistance level）
USD / INR rose in the high-level cycle graph.
Bulls break through the monthly trend line resistance.
USD / INR is further testing the 75 area and is close to the high of 75.56 on April 21. The following is an analysis of USD / INR by cycle.
USD / INR monthly chart
The exchange rate is breaking through the monthly trend line resistance recorded in October. If it breaks through, the exchange rate will maintain a bullish prospect.
Weekly chart of USD / INR
The weekly chart shows that the exchange rate may be sorted out to test the support level, and it is possible to test the 38.2% Fibo level. Foreign exchange platform recommendation: http://www.ban8.com.cn/platform/605.html
Statement:
The content of this article does not represent the views of fxgecko website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!
GBP / USD（short positions can dominate only when they fall below the level of 1.3580）
NZD / USD price analysis（it is expected to approach the resistance level of 0.6985）
Related News
