The overall structure of the EURINR is very weak where the previous swing low of 81.40 is an immediate - Swastika Investmart
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/06/70774f931f97ee1631d0a3fd55087279.jpg)
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Daily Currency Market Updates
News in headline:
* Dollar towers over peers as markets bet on large Fed rate hike
* Dollar index jumps to two-decade high as traders await Fed rate move
* Pound Faces Months of Pressure After Slump Below $1.20 as Trade War Fears Grow
Chart of the day:
EURINR: The overall structure of the EURINR is very weak where the previous swing low of 81.40 is an immediate and important support level below this 81.10 will be the next critical support level. On the upside, the 82.05-82.10 area will act as an immediate resistance area.
Technical View
* The mixed move can be seen in currency.
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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)
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Weekly Currency Outlook by Axis Securities
![The pair is likely to trade with negative bias and any pullback near immediate resistance of 91.70 level - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/09/a55ac5855bd2e6e1226f824d4a7471ba.jpg)
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![USDINR trading range for the day is 78.11-78.51 - Kedia Advisory](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/06/224f0985b03e8c07178c2ac1567f325a.jpg)