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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar higher as strong U.S. data backs a hawkish Fed

* Dollar flat as market waits for U.S. GDP figures

* Japan's top FX diplomat warns sharp currency moves won't be tolerated

CHART OF THE DAY:

OUTLOOK:

USDINR: USDINR two days sharp bull run now consolidating the range of 81.4-82.05, where upside it has an immediate resistance level of 82.05, on the downside if it slip below 81.40 then downside it will be test 81.20-81.00 levels, while above 82.05 it may head towards 82.15-82.35 levels.

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