Dollar Down as U.S. Consumer Confidence Falls, Trims Fed Taper Bets - Swastika Investmart
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News in headlines:
* Dollar Down as U.S. Consumer Confidence Falls, Trims Fed Taper Bets
* Dollar in Weekly Loss, but Bullish Bets Pile Up Ahead of Powell, Fed Minutes
* EURJPY Price Experiencing Low Bulls’ and Bears’ Momentum
Chart of the day:
EURINR is moving in down sloping channel where it is bouncing back from lower trend line support and we can expect a bounce back towards upper trend line which is placed around 88 marks.
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
