EURINR is continuing its bullish momentum and it is likely to open above the previous swing high - Swastika Investmart Ltd
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DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* EURUSD revists the high as major indices trade in the black
* NZDUSD clings to gains above 0.6100 amidst a strong US Dollar
* Dollar regains momentum as Fed officials talk up higher for longer rates
CHART OF THE DAY
OUTLOOK:
EURINR: EURINR is continuing its bullish momentum and it is likely to open above the previous swing high of 83.80 which may lead to fresh momentum towards 84.20-84.40, however 83.00 is immediate support level and on the upside 84.00 act as a resistance, where move above 84.00 can lead some upside momentum towards 84.20-84.40 while if it slips below 83.00 it may head towards 82.60-83.80 zone.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)