EURINR witnessing the sharp selling pressure where important support placed around 81.40 level - Swastika Investmart
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Daily Currency Market Updates
News in headline:
Dollar nears two-decade peaks as problems plague euro, yen
Dollar Hits Pre-Pandemic Highs, But Peak Fed Hawkishness May Limit Gains
Central African Republic adopts bitcoin as an official currency
Chart of the day:
EURINR: EURINR witnessing the sharp selling pressure where important support placed around 81.40 level but it starts to trade below this level then we can expect further weakness towards 81.2-81.00. On the upside 82-82.10 will act as an immediate hurdle while 82.50 has become a critical supply zone.
Technical View:
The mixed move can be seen in currency.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
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![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)