USDINR is consolidating in the range of 76.00-76.55 where move above 76.55 can lead some upside towards 76.65-76.80

29/03/2022 9:41:20 AM | Source: Swastika Investmart Ltd

USDINR is consolidating in the range of 76.00-76.55 where move above 76.55 can lead some upside towards 76.65-76.80 - Swastika Investmart

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Daily Currency Market Updates

News in headline:

Yen on the ropes as BOJ defends yield target

USD gaining ground. USD/JPY is leaping higher

Dollar hits 6-year high vs yen as BOJ moves against rising bond yields

Chart of the day:

USDINR: USDINR is consolidating in the range of 76.00-76.55 where move above 76.55 can lead some upside towards 76.65-76.80 while if it slips below 76.00 it may head towards 75.80-75.60 levels.

Technical View:

The mixed move can be seen in currency.

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USDINR is consolidating in the range of 76.00-76.55 where move above 76.55 can lead some upside towards 76.65-76.80 - Swastika Investmart

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