USD/JPY: Risk reversal snaps two-day downtrend - Swastika Investmart Ltd
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News in headline:
* US Dollar Index Trades Near 4-Month Lows
* USD/JPY: Risk reversal snaps two-day downtrend
* FX volatility low, dollar up slightly as investors wait on inflation
Chart of the day:
The day trend in USDINR is indicating sideways to downside move as facing resistance on daily chart and huge selling pressure has been seen from that level so once again selling can be done in it.
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
