EURINR is continuing its bearish momentum and there are no signal of recovery where 79.80 - Swastika Investmart
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Daily Currency Market Updates
News in headline:
* Asian FX Muted as Fed Rate Risks Weigh, Singapore CPI Awaited
* Dollar steady, euro wallows at two-decade low on energy, growth woes
* PBOC Has Scope to Cut Rates by Up to 50 Bps, Ex-Adviser Says
Chart of the day:
EURINR: EURINR is continuing its bearish momentum and there are no signal of recovery where 79.80 is an immediate target level. On the upside 80.50 intraday and immediate resistance level. While above 80.50 lead further recovery toward 80.70-80.90 levels.
Technical View:
* The mixed move can be seen in the currency.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
