USDINR is continuing its bullish momentum, and there are no signals of weakness where 83.10 - 83.20 is an immediate target level- Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Dollar slides after slowing U.S. jobs growth in July
* Dollar edges lower ahead of key payrolls release
* Pound slips, but sterling bears in need of risk-off fever for further joy
CHART OF THE DAY:
OUTLOOK:
USDINR: USDINR is continuing its bullish momentum, and there are no signals of weakness where 83.10–83.20 is an immediate target level. On the downside, 82.80 intraday and immediate support levels While below 82.80 leads to further weakness towards the 82.70–82.60 zone.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)