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Daily Currency Market Updates
News in headline:
* Chinese Yuan Leads Asia FX Losses on Sanctions Report, U.S. CPI Woes
* Dollar Edges Lower; Key U.S. CPI Release to Set Tone
* Asia FX Tepid, Dollar Steadies Ahead of U.S. CPI Inflation
Chart of the day:
USDINR:
USDINR yesterday witnessing sharp selling pressure but today open with big gap up note around 79.5150, downside it has immediate support level of 79.30 and upside it has resistance around 79.75 when it cross successfully 79.75 then it will be test 80.-80.15 again.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory