USDINR is continuing its bullish momentum and there are no signal of weakness where 76.60 is an immediate target level - Swastika Investmart
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/03/cbe8ceba3c75f3bfc20efb633bee6dfb.jpg)
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Daily Currency Market Updates
News in headline:
Euro slides as war in Ukraine stokes inflationary shock
Russia warns sovereign bond holders that payments depend on sanctions
Rouble down over 20% for week in Moscow as sanctions bite; drops 32% in offshore trade
Chart of the day:
USDINR: USDINR is continuing its bullish momentum and there are no signal of weakness where 76.60 is an immediate target level. On the downside 76.15 intraday and immediate support level. While below 76.15 lead further weakness toward 76.00-75.90 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)
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EURINR opened with a downward gap and remained in a small range throughout the day - Axis Se...
![USD/INR is showing signs of exhaustion Currency has been steady and buy on dips is recommended near 75.50 for tgt of 75.90 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/12/4ce5abac335d6f4296cc75503811f692.jpg)
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![US$INR is likely to consolidate in the range of 81.90-82.25 - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/73092d78785b65b499d168e90cf20f57.jpg)