Dollar clings to modest gains on data - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Dollar to build on gains as rate-hike path unlikely to narrow until Fed meets next
* Dollar clings to modest gains on data
* Dollar slips, but remains elevated after Fed minutes
CHART OF THE DAY:
OUTLOOK:
EURINR: EURINR is continuing its bearish momentum, and there are no signs of recovery where 87.60-87.40 is an immediate target levels. On the upside, 88.00 intraday is the immediate resistance level. While above 88.05 lead further recovery toward 88.15-88.30 levels.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
