{"id":107453,"date":"2020-12-28T08:52:58","date_gmt":"2020-12-28T08:52:58","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107453"},"modified":"2020-12-28T08:54:57","modified_gmt":"2020-12-28T08:54:57","slug":"105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/","title":{"rendered":"USD\/INR Bulls Look At Descending Triangle, While MACD Aids the Bears"},"content":{"rendered":"<ul>\n<li>USD\/INR attracts bids to bounce from 73.47.<\/li>\n<li>INR pair near monthly-low<\/li>\n<li>Move beyond 74.00 will help the bulls.<\/li>\n<\/ul>\n<p>Indian rupee slides lower against the greenback after showing strength during the early hours of Indian trading. USD\/INR trades around 73.57, pulling back from the day low.<\/p>\n<p>Even though a bullish 4-hours-chart pattern &#8211; descending triangle has formed in the pair from the lower-high formation since November 4, the bearish MACD and the USD\/INR failure to stay above 74.00 levels have kept the bears in the hunt.<\/p>\n<p>Also, 74.12 will be a heavy-offer zone for the pair, which includes the monthly high. USD\/INR bulls could take it to early-November highs around 74.80 if the resistance around 74.12 is cleared with strength. Such momentum will bring 75.00 levels into play.<\/p>\n<p>The bears will be looking to push the pair down below the monthly lows near 73.40 to target October lows around 72.96.<\/p>\n<p>At the time of writing, one US dollar buys 73.55 Indian Rupees, up 0.03% as of 08:52 AM UTC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD\/INR attracts bids to bounce from 73.47. INR pair near monthly-low Move beyond 74.00 will help the bulls. Indian rupee slides lower against the greenback after showing strength during the early hours of Indian trading. USD\/INR trades around 73.57, pulling back from the day low. Even though a bullish 4-hours-chart pattern &#8211; descending triangle has [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":82159,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1693,1381],"tags":[1655,1862],"class_list":{"0":"post-107453","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-inr","8":"category-usd","9":"tag-indian-rupee","10":"tag-usd-inr"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USD\/INR Bulls Look At Descending Triangle, While MACD Aids the Bears - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"USD\\\/INR Bulls Look At Descending Triangle, While MACD Aids the Bears\",\"datePublished\":\"2020-12-28T08:52:58+00:00\",\"dateModified\":\"2020-12-28T08:54:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/\"},\"wordCount\":170,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/USD-INR-Indian-Rupee-Pares-Losses-after-Inflation-Surprise.jpg\",\"keywords\":[\"indian rupee\",\"usd\\\/inr\"],\"articleSection\":[\"INR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/\",\"name\":\"USD\\\/INR Bulls Look At Descending Triangle, While MACD Aids the Bears - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/USD-INR-Indian-Rupee-Pares-Losses-after-Inflation-Surprise.jpg\",\"datePublished\":\"2020-12-28T08:52:58+00:00\",\"dateModified\":\"2020-12-28T08:54:57+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/USD-INR-Indian-Rupee-Pares-Losses-after-Inflation-Surprise.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/USD-INR-Indian-Rupee-Pares-Losses-after-Inflation-Surprise.jpg\",\"width\":1200,\"height\":675,\"caption\":\"usd-inr-bank-notes\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"USD\\\/INR Bulls Look At Descending Triangle, While MACD Aids the Bears\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\",\"name\":\"Stelian Olar\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"caption\":\"Stelian Olar\"},\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/stelian-olar\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"USD\/INR Bulls Look At Descending Triangle, While MACD Aids the Bears - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/","twitter_misc":{"Written by":"Stelian Olar","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/"},"author":{"name":"Stelian Olar","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186"},"headline":"USD\/INR Bulls Look At Descending Triangle, While MACD Aids the Bears","datePublished":"2020-12-28T08:52:58+00:00","dateModified":"2020-12-28T08:54:57+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/"},"wordCount":170,"image":{"@id":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/USD-INR-Indian-Rupee-Pares-Losses-after-Inflation-Surprise.jpg","keywords":["indian rupee","usd\/inr"],"articleSection":["INR","USD"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/","url":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/","name":"USD\/INR Bulls Look At Descending Triangle, While MACD Aids the Bears - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/USD-INR-Indian-Rupee-Pares-Losses-after-Inflation-Surprise.jpg","datePublished":"2020-12-28T08:52:58+00:00","dateModified":"2020-12-28T08:54:57+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/USD-INR-Indian-Rupee-Pares-Losses-after-Inflation-Surprise.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/USD-INR-Indian-Rupee-Pares-Losses-after-Inflation-Surprise.jpg","width":1200,"height":675,"caption":"usd-inr-bank-notes"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/105117-usd-inr-bulls-look-at-descending-triangle-while-macd-aids-the-bears\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"USD\/INR Bulls Look At Descending Triangle, While MACD Aids the Bears"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186","name":"Stelian Olar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","caption":"Stelian Olar"},"url":"https:\/\/currencylive.com\/news\/author\/stelian-olar\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/11\/USD-INR-Indian-Rupee-Pares-Losses-after-Inflation-Surprise.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/107453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946612"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=107453"}],"version-history":[{"count":1,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/107453\/revisions"}],"predecessor-version":[{"id":107457,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/107453\/revisions\/107457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/82159"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=107453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=107453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=107453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}