USDINR is consolidating in the wide range of -81.90-82.18, where a move above 82.20 - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE :
* Dollar edges lower; Aussie gains despite RBA holding steady
* Japan's currency diplomat says Tokyo in constant FX dialogue with US
* Factbox-Japan's toolkit to combat sharp yen declines
CHART OF THE DAY
OUTLOOK :
USDINR: USDINR is consolidating in the wide range of -81.90-82.18, where a move above 82.20 can lead some upside towards 82.30-82.40, while if it slips below 82.00, it may head towards the 81.90-81.80 zone again. On this range-bound session, buy on decline approach.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![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)
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The GBP/INR futures pair has support at 102.20 levels whereas resistance is placed at 102.70...
![Indian Rupee ended at 73.07 on Friday, down 3 paise against its previous close of 73.04. - Geojit Financial](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/01/403d8574e3970bb36ec90c36f0bc50d9.jpg)
![For Intraday session, it has support at 101.30 - 101.20 levels whereas resistance is placed at 101.80 - 101.90 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/uploads/news/Monarch networth.jpg)
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