USDINR is consolidating in the range of 83.0-82.0 - Swastika Investmart
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* AUD/USD extends pullback from six-month-old resistance on softer China data
* USD/JPY eyes a decisive move post-Fed-inspired volatility, US Retail Sales eyed
* Japan’s trade deficit shrinks less than expected in November
CHART OF THE DAY
OUTLOOK:
UDINR: USDINR is consolidating in the range of 83.0-82.0 and next move can be seen after the range breakout , however 82.20 is immediate support level and on the upside 82.80 act as a resistance, where move above 82.80 it can lead some upside momentum towards 83.00-83.20 while if it slips below 82.20 it may head towards 81.80- 82.00 zone.
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