01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
USDINR is witnessing a pullback from the important support zone of 81.70 - Swastika Investmart
News By Tags | #2767 #2911

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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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