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01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
GBPINR formed a large-bodied bearish candle on the daily charts - Swastika Investmart Ltd
News By Tags | #2767 #2911

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* EURUSD Forecast: Risk-off provides temporal aid to the US Dollar

* AUDUSD Forecast: Aussie under mild pressure below 0.6700

* NZDUSD bounces higher off 38.2% retracement

CHART OF THE DAY

OUTLOOK: GBPINR: GBPINR formed a large-bodied bearish candle on the daily charts after a gapup opening, however 96.50 is a immediate support while 97.20 is resistance zone. it takes out the 97.20 level, then we can expect a move towards the 97.50-97.70 level, While if it slips below 96.50 level, then 96.0-96.20 is the next support levels.

 

 

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