USD/INR: Break above 82.95/83.30 is essential to affirm next leg of uptrend – SocGen USDINR Technical Analysis Banks
USD/INR uptrend stalled last year in October and since then it has evolved within a narrowing consolidation.
A short-term pullback is taking shape; a retest of 200-DMA near 81.80/81.60 is not ruled out. This is a key support zone.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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