The overall structure of the EURINR is very weak where the previous swing low of 81.85 - Swastika Investmart
Daily Currency Market Updates
News in headline:
* El Salvador minister says Bitcoin crash poses 'extremely minimal' fiscal risk
* Dollar towers as traders brace for hawkish Fed
* Dollar at two-decade high as risky assets sell off; yen recovers ground
Chart of the day:
EURINR: The overall structure of the EURINR is very weak where the previous swing low of 81.85 is an immediate and important support level below this 81.6-81.3 will be the next critical support level. On the upside, the 82.30-82.35 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