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Published on 20/01/2020 5:25:26 PM | Source: Emkay Global Financial Services

We expect 70.70 to continue to act as a support while 71.45 will act as a resistance By Mr. Rahul Gupta

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Below is the Views On Rupee by Mr. Rahul Gupta, Head of Research-Currency, Emkay Global Financial Services

 

“The US-China Phase-One trade deal has reduced some uncertainty in the market, this week the focus of the market will be on the World Economic forum. Trump’s speech at the forum will be closely watched for any geopolitical maneuvers, as he has kept few trade related questions lingering. Technically, we expect 70.70 to continue to act as a support while 71.45 will act as a resistance.”    

 

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