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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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