EURINR has been consolidating in a narrow range in recent days - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* EUR/USD bulls struggle above 1.0650 as yields propel US Dollar, ECB’s Lagarde, Fed in focus
* USD/CHF looks to break below 0.9250 as market gets flooded with US Dollar
* NZD/USD bears are moving in to test H1 structure
CHART OF THE DAY
OUTLOOK
EURINR; EURINR has been consolidating in a narrow range in recent days, and the next move will be seen after the range breakout; however, 88.00 is an immediate resistance level, and on the downside, 87.50 acts as a support. If it moves above 88.00, it can lead some upside momentum towards 88.20, while if it slips below 87.50, it may head towards the 87.10-87.30 zone..
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Tag News
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
