USDINR is witnessing a pullback from the important support zone of 81.70 - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* US dollar flat as market awaits clarity from central banks
* Dollar edges lower ahead of Fed meeting; yuan gains on support promises
* China state banks seen selling US dollars to prop up yuan - sources
CHART OF THE DAY:
OUTLOOK:
USDINR: USDINR is witnessing a pullback from the important support zone of 81.70 after a meaningful correction, but the overall texture is still weak, where 82.30 will be the first hurdle and 82.50 will be a critical supply zone. On the downside, 81.70 will be the important support zone.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
