EURINR is consolidating in the range of 85.45-86.00 where move above 86.00 can lead some upside towards 86.20-86.30 - Swastika Investmart
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Daily Currency Market Updates
News in headline:
Ukraine tensions, Fed hike talk drag on euro
Dollar gains as Ukraine worries rise, Bullard reiterates rate comments
PBOC inject 300bn yuan via a 1 year MLF - rate unchanged at 2.85%
Chart of the day:
EURINR: EURINR is consolidating in the range of 85.45-86.00 where move above 86.00 can lead some upside towards 86.20-86.30 while if it slips below 85.40 it may head towards 85.20-85.00 zone.
Technical View:
The mixed move can be seen in currency.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
