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Dollar on back foot as Biden optimism bolsters riskier currencies - Swastika Investmart Ltd
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News in headline:
* Dollar on back foot as Biden optimism bolsters riskier currencies
* PBOC sets yuan reference rate at 6.4696
* Euro Drifts Lower Ahead of ECB Rate Decision
Chart of the day:
The day trend in USDINR is at support and expected to give breakdown which indicates sell signal so one can go short in it.
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
