USD: INR: is rose back above the trendline and the key resistance zone around the 96.00 handle. This has technically flipped the bias more bullish. The buyers will likely step in around the resistance now turned support with a defined risk below it to keep pushing into new record highs. The sellers, on the other hand, will want to see the price falling back below the zone to pile in for a drop into new lows., we get the latest US Jobless Claims figures. Tomorrow, we conclude the week with the RBI rate decision and the US NFP report. This article was written by Giuseppe Dellamotta at investinglive.com.
Global News·Jun 4, 2026
Indian Rupee continues to erase gains as US-Iran tensions, higher oil prices bite
USD: INR: is rose back above the trendline and the key resistance zone around the 96.00 handle. This has technically flipped the bias more bullish. The buyers will likely step in around the resistance now turned support with a defined risk below it to keep pushing into new record highs. The sellers, on the other hand, will want to see the price falling back below the zone to pile in for a drop into new lows. , we get the latest US Jobless Claims figures. Tomorrow, we conclude the week with the RBI rate decision and the US NFP report. This article was written by Giuseppe Dellamotta at investinglive.com.
Forexlive1 min readSingle source
The gist
5-point summary · 1 minUSD: INR: is rose back above the trendline and the key resistance zone around the 96.00 handle. This has technically flipped the bias more bullish. The buyers will likely step in around the resistance now turned support with a defined risk below it to keep pushing into new record highs. The sellers, on the other hand, will want to see the price falling back below the zone to pile in for a drop into new lows. , we get the latest US Jobless Claims figures. Tomorrow, we conclude the week with the RBI rate decision and the US NFP report. This article was written by Giuseppe Dellamotta at investinglive.com.
- USD: INR: is rose back above the trendline and the key resistance zone around the 96.00 handle.
- The buyers will likely step in around the resistance now turned support with a defined risk below it to keep pushing into new record highs.
- The sellers, on the other hand, will want to see the price falling back below the zone to pile in for a drop into new lows. , we get the latest US Jobless Claims figures.
- Tomorrow, we conclude the week with the RBI rate decision and the US NFP report.
- This article was written by Giuseppe Dellamotta at investinglive.com.
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