USDINR witnessing the sharp selling pressure where important support placed around 76.50 level - Swastika Investmart
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News in headline:
Japan's low-cost soul food noodles may become casualty of Ukraine war
No USD/JPY intervention until 135, and even 140 after July
Dollar surge leaves trail of destruction
Chart of the day:
USDINR: USDINR witnessing the sharp selling pressure where important support placed around 76.50 level but it starts to trade below this level then we can expect further weakness towards 76.4-76.25 On the upside 976.9 will act as an immediate hurdle while 77.00 has become a critical supply zone
Technical View:
The mixed move can be seen in currency.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
