{"id":18021,"date":"2011-01-12T16:55:35","date_gmt":"2011-01-12T21:55:35","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=18021"},"modified":"2011-01-12T16:55:35","modified_gmt":"2011-01-12T21:55:35","slug":"forex-us-dollar-trades-lower-against-indian-rupee-for-third-day-usdinr-near-45-50","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/01\/12\/forex-us-dollar-trades-lower-against-indian-rupee-for-third-day-usdinr-near-45-50\/","title":{"rendered":"Forex \u2013 US Dollar trades lower against Indian Rupee for third day. USD\/INR near 45.50"},"content":{"rendered":"<p>The US dollar has lost ground against the Indian rupee in the forex market for a third straight day and currently trades near the 45.50 exchange rate at the end of the US trading session.<\/p>\n<p>The USD\/INR pair had a few spikes in price action today and continues to encounter heavy selling resistance at the 200-day moving average at the 46.00 exchange level.<\/p>\n<p>The USD\/INR currency pair opened the day at the 45.58 exchange rate, registering a high for today at the 46.04 exchange rate and was sold lower while touching a low of 45.07. The pair currently trades near the 45.50 exchange rate at the end of the US session, according to currency data from Oanda.<\/p>\n<p><strong>USD\/INR Forex Chart<\/strong> \u2013 The Dollar\/Rupee currency pair tested and hit resistance at the 200-day simple moving average (red line) again today and was rejected lower.<\/p>\n<p><a href=\"http:\/\/countingpips.com\/fx\/wp-content\/uploads\/2011\/01\/usdinr-1-12.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-18022\" title=\"usdinr-1-12\" src=\"http:\/\/countingpips.com\/fx\/wp-content\/uploads\/2011\/01\/usdinr-1-12.gif\" alt=\"\" width=\"577\" height=\"707\" \/><\/a><\/p>\n<p><strong>About the Author<\/strong><\/p>\n<p>FxNewsIndia.com \u2013 <a href=\"http:\/\/fxnewsindia.com\/\" target=\"_blank\">Indian Rupee Forex News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US dollar has lost ground against the Indian rupee in the forex market for a third straight day and currently trades near the 45.50 exchange rate at the end of the US trading session. The USD\/INR pair had a few spikes in price action today and continues to encounter heavy selling resistance at the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/01\/12\/forex-us-dollar-trades-lower-against-indian-rupee-for-third-day-usdinr-near-45-50\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Forex \u2013 US Dollar trades lower against Indian Rupee for third day. USD\/INR near 45.50&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-18021","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/18021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=18021"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/18021\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=18021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=18021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=18021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}