EURINR is continuing its bullish momentum and making higher high on daily chart - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* ECB still faces inflation and output challenges
* AUD/USD: Upbeat China PMI, IMF growth forecasts probe bears around mid-0.7000s
* GBP/USD bulls and bears battle it out at the start of week ahead of central banks, Fed, BoE
CHART OF THE DAY
OUTLOOK:
EURINR: EURINR is continuing its bullish momentum and making higher high on daily chart , however 88.80 is immediate support level and on the upside 89.20 act as a resistance, where move above 89.20 it can lead some upside momentum towards 89.50 while if it slips below 88.80 it may head towards 88.40-88.60 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)