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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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