GBPINR formed a large-bodied bearish candle on the daily charts - Swastika Investmart Ltd
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* 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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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory