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03-08-2021 11:37 AM | Source: Swastika Investmart Ltd
Dollar falls against commodity currencies but holds gains versus yen - Swastika Investmart
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News in headline:

* Dollar falls against commodity currencies but holds gains versus yen

* Euro to US Dollar (EUR/USD) Exchange Rate Rangebound as Outlook for Eurozone Economy Darkens

* EURO PRICE TO WEAKEN IF ECB STEPS UP BOND PURCHASE

Chart For The Day

 

The day trend in EURINR is indicating sideways to downside move followed by moving average and making lower lows and lower high formation indicating weakness so one can go with sell on rise strategy

Technical View:

* The mixed move to downside can be seen in currency.

 

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