JPYINR : It is trading in a narrow range and next move will be seen after the range - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* USD/CHF stays depressed around mid-0.9300s ahead of Swiss GDP
* AUD/JPY kisses 92.00 on better-than-anticipated Australian Retail Sales
* PBOC is expected to set the USD/CNY reference rate at 6.9515 – Reuters estimate
CHART OF THE DAY
OUTLOOK
JPYINR: It is trading in a narrow range and next move will be seen after the range breakout , however 60.23 is immediate support level and on the upside 61.88 act as a resistance , where move above 61.88 it can lead some upside momentum towards 62.65 while if it slips below 60.23 it may head towards 59.70-60.00 zone.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
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