GBPINR formed a large-bodied bullish candle on the daily charts - Swastika Investmart
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DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* USD/CHF fails to sustain above 0.9440 amid volatile US Dollar, Swiss Employment in focus
* EUR/USD turns above 1.0400 amid quiet market mood, Eurozone Gas price structure eyed
* USD/CNY fix: 7.1339vs. the last close of 7.1540
CHART OF THE DAY
OUTLOOK
GBPINR: GBPINR formed a large-bodied bullish candle on the daily charts after a gapup opening, however 98.60 is a immediate support while 99.00 is resistance zone. it takes out the 99.00 level, then we can expect a move towards the 99.20-99.40 level, While if it slips below 98.60 level, then 98.20-98.40 is the next support levels.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
