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Dollar, Safe-Haven Currencies Up Over Fading Recovery Optimism - Swastika Investmart
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News in headlines:
* Dollar, Safe-Haven Currencies Up Over Fading Recovery Optimism
* U.S. dollar, yen rise after soft China data, amid Afghan unrest
* Fed Tells Judge Scrapping Libor Too Soon Would Spur Market Chaos
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
