Fibonacci Calculator USD/INR
Calculate Fibonacci levels for USD/INR
Inputs
Calculate price range
1.005 - 0.995
= 0.010
Calculate 38.2% level
1.005 - (0.010 × 0.382)
= 1.001
Calculate 61.8% level
1.005 - (0.010 × 0.618)
= 0.999
For USD/INR Fibonacci levels: USD/INR uses 2-decimal pricing (0.01 per pip) since INR is valued in hundreds per unit. This exotic pair has wider spreads (40-60 pips) due to lower trading volume.
Frequently Asked Questions
How do I use Fibonacci levels for USD/INR trading?
For USD/INR, identify a significant swing high and low, then apply Fibonacci retracements. Key levels are 23.6%, 38.2%, 50%, 61.8%, and 78.6% of the move.
Which Fibonacci level works best for USD/INR entries?
The 38.2% and 61.8% levels often provide strong support/resistance for USD/INR. As a exotic pair, USD/INR may respect different levels based on trend strength.
How do I calculate Fibonacci extensions for USD/INR targets?
Use Fibonacci extensions (127.2%, 161.8%, 261.8%) on USD/INR to project profit targets beyond the initial swing. Enter the swing points to calculate extension levels.