USDINR is consolidating in the range of 74.7-74.4 - Swastika Investmart
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News in headline:
Dollar hits 16-month high as inflation fears put it on track for best week since June
Dollar climbs after hot U.S. inflation; euro dips
U.S. Dollar Continues to Gain Following Wednesday's Inflation Data
Chart of the day:
USDINR: USDINR is consolidating in the range of 74.7-74.4 where move above 74.70 can lead to more upside towards 74.9-75.1 while if it slips below 74.4 level then it may head towards 74.2-74.10 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
