GBPUSD Price Retests $1.40 Level, Sellers May Take Over - Swastika Investmart Ltd
News in headlines:
* Dollar licks wounds after payrolls shock, focus turns to inflation
* GBPUSD Price Retests $1.40 Level, Sellers May Take Over
* Dollar broadly weaker after U.S. jobs data disappoint
Chart of the day:
The day trend in USDINR is indicating sideways to downside move making lower lows and lower high with huge selling volume which indicates sell signal so one can follow sell on rise strategy.
Technical View:
* The sideways to downside move can be seen in currency
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory