JPYINR is consolidating in the range of 57.80-58.40 - Swastika Investmart
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* Dollar shaky after US credit rating downgrade
* Dollar gains after relatively strong data, Aussie dollar tumbles
* Exclusive-China asks some banks to reduce or delay dollar buying -sources
CHART OF THE DAY:
OUTLOOK:
JPYINR: JPYINR is consolidating in the range of 57.80–58.40, where a move above 58.15 can lead to some upside towards 58.25– 58.40, while if it slips below 57.80, it may head towards the 57.60–57.40 zone.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
