USD/INR Price News: Bulls take the price into fresh corrective highs

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USD/INR Price News: Bulls take the price into fresh corrective highs
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USD/INR Price News: Bulls take the price into fresh corrective highs By ross_burland USDINR Currencies Fed DollarIndex

have marked a fresh cycle high in the 10-year Treasury yield which has lifted the greenback, if only marginally. DXY is testing the psychological 95.80 level:The US dollar could be forming an inverse head and shoulders at this juncture. This will be a bullish scenario around the Federal Reserve next week and should keep USD/INR elevated.

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