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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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