USDINR is continuing its bullish momentum and there are no signal of weakness - Swastika Investmart
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Daily Currency Market Updates
News in headline:
Euro tries to recover after tumbling on Russian invasion of Ukraine
Dollar jumps to near two-year high as Russia invades Ukraine
Rouble heads to record low, sell-off hits stocks as Russia invades Ukraine
Chart of the day:
USDINR: USDINR is continuing its bullish momentum and there are no signal of weakness where 76.20 is an immediate target level. On the downside 75.30 intraday and immediate support level. While below 75.30 lead further weakness toward 75.20-75.10 levels.
Technical View:
The mixed move can be seen in currency.
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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)