USDINR is continuing its bearish momentum, and there are no signals of recovery where 82.00 82.05 - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
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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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
