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CURRENCY OUTLOOK 

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE: 

*  Dollar nudges up, sterling near 14-month highs ahead of BoE decision 

*  Dollar drifts higher; BOE continues raft of central bank meetings this week 

*   Yen sags to 15-year low vs euro after BOJ rate decision

CHART OF THE DAY: 

co

OUTLOOK:

EURINR: EURINR has given a fresh breakout above resistance levels of 89.00. On the upside, it has an immediate target level of 90.00, and above the 90.00 level, it may test 90.10–90.20 levels on the downside. 88.30 is the first support zone below 88.30. 88.00 will be the next support zone.

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