01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
EURINR is consolidating in small range in recent days, further move can be seen after the range breakout - Swastika Investmart
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DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE

* Gold Price Forecast: XAU/USD bulls move back in, market remains coiled.

* EURUSD doing its pre-holiday thing

* USD/BRL: Fiscal fundamentals continue to be fragile – Rabobank

 

CHART OF THE DAY

 

OUTLOOK:

EURINR: EURINR is consolidating in small range in recent days, further move can be seen after the range breakout , however 87.50 is immediate support level and on the upside 88.20 act as a resistance, where move above 88.20 it can lead some upside momentum towards 88.40 while if it slips below 87.50 it may head towards 87.20-87.40 zone

 

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