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Published on 21/01/2021 9:14:37 AM | Source: Swastika Investmart Ltd

Dollar on back foot as Biden optimism bolsters riskier currencies - Swastika Investmart Ltd

Posted in Currency Report| #Currency Tips #Swastika Investmart Ltd

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News in headline:

* Dollar on back foot as Biden optimism bolsters riskier currencies

* PBOC sets yuan reference rate at 6.4696

* Euro Drifts Lower Ahead of ECB Rate Decision

Chart of the day:

The day trend in USDINR is at support and expected to give breakdown which indicates sell signal so one can go short in it.

 

Technical View:

* The mixed move can be seen in currency.

 

 

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