01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
USDINR is continuing its bearish momentum, and there are no signals of recovery where 82.00 82.05 - Swastika Investmart
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NEWS IN HEADLINE:

* US dollar falls, but off four-week lows, as Fed signals more rate hikes

* Analysis-Diverging rates outlook has China's yuan eying 2022 lows

* Dollar struggles for support ahead of crucial Fed meeting

 

CHART OF THE DAY:

 

OUTLOOK:

USDINR: USDINR is continuing its bearish momentum, and there are no signals of recovery where 82.00–82.05 is an immediate target level. On the upside, 82.30 intraday and immediate resistance levels While below 82.00 leads to further weakness towards the 81.80 level

 

 

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