EURINR is consolidating in the range of 88.57-89.05 where move above 89.05 can lead some upside towards 89.20- 89.40 - Swastika Investmart
CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Dollar to ride rate-hike expectations higher as focus set to shift to labor market
* Yen stronger post-emergency meeting, dollar stays lower
* Japan's top FX diplomat Kanda will respond to yen moves 'appropriately'
CHART OF THE DAY:
OUTLOOK:
EURINR: EURINR is consolidating in the range of 88.57-89.05 where move above 89.05 can lead some upside towards 89.20- 89.40 while if it slips below 88.60 it may head towards 88.50-88.40 zone.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory