USDINR is expected to trade with negative bias with selling recommended at higher levels. It has support at 69.78 while resistance is at 70.08 follo..
* USDINR trading range for the day is 69.98-70.66.
* Rupee dropped to record lows on likely foreign funds outflow from local stocks and selling b..
USDINR moved higher on Thursday and settled above the previous close.
On the daily chart, pair has shown continue upside rally and sustai..
Indian rupee Indian
Rupee depreciated by 2.04 percent as dollar index strengthened by 0.1 percent during the las week on account of fears of e..
USDINR is expected to trade with positive bias with buying recommended at lower levels. It has resistance at 70.50 while support is at 70.00 mark.
* USDINR trading range for the day is 69.56-70.4.
* Rupee erased early gains to hit an all-time low as concerns about Turkey’s economic woe..
USDINR were closed up on Tuesday and settled above the previous close.
On the daily chart, pair has given Falling trend line upside break..
Indian Rupee appreciated by 0.05 percent as dollar index weakened by 0.04 percent yesterday on account of fears of economic crisis..
For the month ahead, we are expecting Indian rupee to trade weak owing to strong economic data and higher jobs reports in the Unit..
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