Dollar strengthens amid higher U.S. yields on Fed's lower-for-longer mantra - Swastika Investmart
News in headline:
* Dollar strengthens amid higher U.S. yields on Fed's lower-for-longer mantra
* Economic Data Puts the EUR and the Loonie in Focus
* GBPUSD Is Ranging Within $1.39 and $1.38 Level, Breakout Is Imminent
The day trend in EURINR is indicating sideways to downside move as facing moving average as resistance and making lower lows and lower high formation so one can go short in it with sell on rise strategy.
Technical View:
* The mixed move to downside can be seen in currency.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory