05-03-2023 09:10 AM | Source: Swastika Investmart Ltd
EURINR yesterday witnessing selling pressure from resistance of 90.30-90.40 levels - Swastika Investmart
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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar dips as job openings fall, Fed meeting in focus

* U.S. Dollar edges lower, Aussie soars after RBA hike

* South African rand up slightly; focus on local PMIs and Fed this week

 

CHART OF THE DAY:

 

OUTLOOK:

EURINR: EURINR yesterday witnessing selling pressure from resistance of 90.30-90.40 levels, on the upside it has an immediate resistance of 90.20, on the downside below 89.90 it may head toward 89.70-89.50 levels. Traders are advised to stay with the momentum with the “Sell on rise” approach.

 

 

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