USD/INR is trading above the important moving avg of 20 and 50 DMA - Tradebulls Securities
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USDINR
USD/INR is trading above the important moving avg of 20 and 50 DMA. Overnight US dollar increased 100 bps after US Fed decided to increase rates by 2023. There is support around 73.60-73.50 range and buy on dips is recommended near 73.88 for tgt of 74.20 an stoploss of 73.70
EURINR
EURINR is trading below 20 and 50 DMA. Buy on dips is recommended at 88.40 for tgt of 89.10 and stoploss of 88.15
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
