EURINR yesterday witnessing selling pressure from resistance of 90.30-90.40 levels - Swastika Investmart
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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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory