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* USDINR closed 9 paise lower at 73.00 on Friday

* India's Forex reserve rose to a record $600 billion on friday

* Australian services PMI eases from 3year high 61 last month to 59 this month

* Canada Ivey PMI rises to 64.7 in May vs 60.6 previous

* German factory orders data brings focus to Euros and Forex reserve data from Japan put Yen in focus today

OUTLOOK - USDINR

Rupee opened 11 paise lower at 73.02 from its previous close against the US dollar and it finally closed a net 9 paise lower at 73.00 on Friday. USDINR had gained as far as the intraday high of 72.95 and fell to an intraday low of 73.12. The dollar index which compares the strength of the dollar against 6 major currencies fell 0.39% and closed at 90.13. Brent crude futures rose 0.30% to trade at $71.84/barrel. USDINR near futures are at 73.1800 with the next support seen at 73.0933 and next resistance seen at 73.2808 ahead of market opening today.

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