01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
EURINR is continuing its bearish momentum and there are no signal of recovery where 88.60 - Swastika Investmart
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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Data boosts dollar, euro dips as Germany enters recession

* The end of King Dollar? The forces at play in de-dollarisation

* Dollar in demand after Fitch signals possible U.S. rating downgrade

 

CHART OF THE DAY:

 

OUTLOOK:

EURINR: EURINR is continuing its bearish momentum and there are no signal of recovery where 88.60 is an immediate target level. On the upside 89.10 intraday and immediate resistance level. While below 88.60 lead further weakness toward 88.50- 88.35 zone.

 

 

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