The USDINR has shown weakness in recent days - Swastika Investmart
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NEWS IN HEADLINE
* GBP/USD surrenders gains as USD Index extends recovery ahead of US Inflation
* PBOC sets USD/CNY reference rate at 6.8764 vs. 6.8838 previous
* US, India CPI, FOMC Minutes: Economic Events in Busy Holiday-Curtailed Week
CHART OF THE DAY
OUTLOOK
USDINR: The USDINR has shown weakness in recent days; however, 82.20 is an immediate resistance level, and on the downside, 81.60 acts as a support. If it moves above 82.20, it can lead some upside momentum towards 82.40, while if it slips below 81.60, it may head towards the 81.20-81.40 zone.
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