IGI Logo

Daily Currency Market Updates

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.

To Read Complete Report & Disclaimer Click Here

Please refer disclaimer at https://www.swastika.co.in/disclaimer

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer