Friday, October 16, 2026

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USD/INR well supported above 68.00, intraday bias remains neutral

Pair is well supported above 68.00 levels and currently trading at 68.45 levels. It made intraday high at 68.47 and low at 68.34 levels. Intraday bias remains neutral for the moment. 10, 25 and 50D EMA heads up and signa…

By Earlence Fernandes
1 min read
USD/INR well supported above 68.00, intraday bias remains neutral
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  • Pair is well supported above 68.00 levels and currently trading at 68.45 levels.
     
  • It made intraday high at 68.47 and low at 68.34 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • 10, 25 and 50D EMA heads up and signals bullish trend.
     
  • A daily close below 68.10 is requires to confirm the bearish trend.
     
  • Alternatively, current upward trend will take the parity above 69 marks.
     
  • Initial support levels are seen at 68.27, 68.10 and 67.50 marks.
     
  • Resistance levels are seen at 68.52, 68.66, 69 and 69.22 thereafter.

 

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