The day trend in USDINR is indicating uptrend as forming higher highs and higher low formation - Swastika Investmart
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/07/a0e6d8f0a5315c92ca2d713495d37611.jpg)
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Daily Currency Market Updates
News in headline:
* Dollar pares gains as odds of 100 bps Fed rate hike drop
* Euro Breaks Clearly Below Dollar Parity on Italian Govt Breakdown Fears
* Dollar Continues to Soar After U.S. CPI; Euro Clings to Parity.
Chart of the day:
USDINR:
The day trend in USDINR is indicating uptrend as forming higher highs and higher low formation, where every dip is a buying opportunity, as expecting further upside move so indicating buy signal.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)