Today's INR to EUR Price Update

Summary

This report provides the real-time exchange rate between the Indian Rupee (INR) and the Euro (EUR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Euro (EUR) is one of the world’s major fiat currencies representing the Eurozone economy, while the Indian Rupee (INR) is the primary currency of India. The exchange rate between them reflects market perceptions of economic strength in both regions, trade dynamics, and investor capital flows between the Eurozone and India.

Today’s Price

• 1 INR = 0.00956 EUR
• 24h High: 0.0095804 EUR
• 24h Low: 0.009538 EUR

Market Analysis

Recently, the EUR/INR pair has demonstrated mixed signals with technical confluences between price action and Fibonacci retracement levels driving the pair’s movement. The pair exhibits an overall bullish bias with wave 4 flat pattern formation observed on monthly timeframes.

• Technical levels: Key support identified at 89.70–90.12 INR, resistance at 90.45–90.73 INR
• Risk note: Short-term volatility persists with mixed technical indicators; traders should await clear breakout confirmation before establishing positions
• Trading opportunities: Monitor key pivot levels and Fibonacci retracement zones for potential entry and exit points

Conclusion

Continue to monitor the INR/EUR pair closely, integrating technical analysis with support and resistance levels. For traders, focus on identifying breakout opportunities and utilizing Fibonacci retracement levels to optimize entry and exit strategies.