USDINR is consolidating in the range of 74.30-74.6 - Swastika Investmart
News in headlines:
Dollar stands tall as Powell reappointment firms hawkish Fed bets
Dollar jumps on Powell renomination, euro hurt by COVID-19 lockdowns
U.S. Dollar Rallies as Biden Nominates Powell as Fed Chair
Chart of the day:
USDINR: USDINR is consolidating in the range of 74.30-74.6 where move above 74.6 can lead more upside towards 74.8-75.1 while if it slips below 74.3 it may head towards 74.2-74.05 zone.
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