USDINR is consolidating in small range in recent days - Swastika Investmart
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* GBP/JPY aims to recapture 161.00 as BOJ’s Kuroda sees no easy policy exit.
* Gold Price Forecast: XAU/USD aims to hold itself above $1,800 as market mood soars
* USD/BRL: Fiscal fundamentals continue to be fragile – Rabobank
CHART OF THE DAY
OUTLOOK:
USDINR: USDINR is consolidating in small range in recent days, further move can be seen after the range breakout , however 82.50 is immediate support level and on the upside 83.0 act as a resistance, where move above 83.0 it can lead some upside momentum towards 83.40 while if it slips below 82.50 it may head towards 82.0-82.20 zone
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Tag News
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
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