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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar steadies near six-month highs; U.S. economy shows resilience

* Dollar rises to six-month high after US data; weak yen prompts warning

* Japan won't rule out options to halt FX speculation, officials say

CHART OF THE DAY:

OUTLOOK:

GBPINR: GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82. Now, on the upside, it has immediate resistance around 104.00. On the downside, 103.70 is a first support level, while 103.50 will be the next support level.

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