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01-05-2022 09:23 AM | Source: Swastika Investmart Ltd
EURINR is trading near to recent support level of 84.4-84.35 and if it holds this level - Swastika Investmart Ltd
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Daily Currency Market Updates

News in headline:

* Yen wallows as Omicron fears subside and rate hikes loom

* Dollar hits five-year high versus yen as Fed hikes seen on course

* USDCAD bounces and looks back toward the 100 hour MA

Chart of the day:

EURINR: EURINR is trading near to recent support level of 84.4-84.35 and if it holds this level then buying can be initiated for a pull back towards 85-85.10, while below 84.35 can head towards 84.20-84.10 levels.

Technical View: * The mixed move can be seen in currency.

 

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