EURINR is continuing its bearish momentum and there are no signal of recovery where 88.60 - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Data boosts dollar, euro dips as Germany enters recession
* The end of King Dollar? The forces at play in de-dollarisation
* Dollar in demand after Fitch signals possible U.S. rating downgrade
CHART OF THE DAY:
OUTLOOK:
EURINR: EURINR is continuing its bearish momentum and there are no signal of recovery where 88.60 is an immediate target level. On the upside 89.10 intraday and immediate resistance level. While below 88.60 lead further weakness toward 88.50- 88.35 zone.
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Tag News
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
More News
The pair is expected to consolidate between 82.30 to 82.60 - HDFC Securities
