EURINR is consolidating where 85.60-85.65 are immediate resistance level. On the downside - Swastika Investmart Ltd
Daily Currency Market Updates
News in headline:
* Dollar firm but risk-sensitive currencies also rise
* Turkey’s Missing Billions Signal Unannounced Lira Intervention
* EURUSD traded at the year's high in the 1st week of trading. What to look for the new year
Chart of the day:
EURINR: EURINR is consolidating where 85.60-85.65 are immediate resistance level. On the downside, 85.45- 85.40 is an immediate demand zone while 85.20 will be the next support level. It may catch up momentum anytime till it trade above 85.45 mark.
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