USDINR is consolidating in the range of 74.7-75.20 - Swastika Investmart
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Daily Currency Market Updates
News in headline:
* Dollar restrained by risk revival, spread of rate speculation
* Dollar slides for 2nd day after weak U.S. data, Fed's cautious rate comments
* EURUSD extend back above its 200 hour moving average
Chart of the day:
USDINR:USDINR is consolidating in the range of 74.7-75.20 where move above 75.20 can lead upside move towards 75.4-75.6 while if it slips below 74.7 it may head towards 74.5-74.3 zone.
Technical View:
he mixed move can be seen in currency.
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Tag News
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
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![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)