Dollar drops in choppy trading, investors rebalance for month-end - Swastika Investmart Ltd
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/01/e9f961677ac78eec41e8c296843170ff.jpg)
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News in headline:
* Safe-haven dollar softens as risk sentiment recovers
* Pound Shrugs off Warning of 'Excessive Optimism' to Hit Multi-Year High
* Dollar drops in choppy trading, investors rebalance for month-end
Chart of the day:
The day trend in JPYINR is showing weakness as making lower lows and lower high formation followed by trendline on daily chart which indicates sell signal so one can go short in it if it breaks the support.
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
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
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