Dollar Down but Reaches One-Year High Against Yen as Inflation Fears Rise - Swastika Investmart
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News in headline:
* Dollar Down but Reaches One-Year High Against Yen as Inflation Fears Rise
* Euro set for biggest monthly drop since mid-2019; yen shorts grow
* Pound US Dollar Exchange Rate Rebound Limited as US Economic Outlook Improves
Chart of the day:
The day trend in EURINR is indicating sideways to downside move and facing moving average as resistance and making lower lows and lower high formation so one can go short in it with sell on rise strategy
Technical View:
* The mixed move to downside can be seen in currency
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