USD/INR breaks below 100-hour MA as sellers gain control

USD/INR has declined below the critical 100-hour moving average and trend line support near 84.7900, signaling a potential shift in momentum after recent bullish runs. The pair faces immediate support at the 84.7900 swing area, where buyers previously found interest. A decisive break below this level would expose the 200-hour moving average, which hasn't been tested since November 19. Technical indicators suggest weakening bullish momentum as the pair retreats from recent highs. Sellers are gaining confidence, but need to push through the swing support to confirm a bearish reversal. The breakdown below the 100-hour MA marks the first significant technical breach in weeks. Traders should monitor the 84.7900 support closely, as a sustained move below would signal further downside potential toward the 200-hour MA and could establish a new short-term downtrend in the pair.