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News in headline:
* Chinese Yuan Leads Asia FX Losses on Sanctions Report, U.S. CPI Woes
* Dollar Edges Lower; Key U.S. CPI Release to Set Tone
* Asia FX Tepid, Dollar Steadies Ahead of U.S. CPI Inflation
Chart of the day:
USDINR:
USDINR yesterday witnessing sharp selling pressure but today open with big gap up note around 79.5150, downside it has immediate support level of 79.30 and upside it has resistance around 79.75 when it cross successfully 79.75 then it will be test 80.-80.15 again.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![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)
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EURINR trading range for the day is 81.47-82.25 - Kedia Advisory
![USDINR is continuing its bullish momentum and there are no signal of weakness where 78.50 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/06/611d91591858cda02a864261a5a6bba4.jpg)
![The USD/INR futures pair has support at 82.10 levels whereas resistance is placed at 82.50 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/09/52dbdd203d04ee047918302befa16952.jpg)
![USDINR pair on the weekly chart making higher highs and higher low formation - Axis Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/10/a5619ab3ebb8eefad882cd3e7c3d6795.jpg)