USDINR is facing a consolidate in the range of 81.8-81.4 - Swastika Investmart Ltd
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DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* Société Generale flag 1.0190 resistance for EUR/USD (& further support, resistance levels)
* PBOC is expected to set the USD/CNY reference rate at 7.2456 – Reuters estimate
* GBPJPY attempts a rebound from 166.00 ahead of UK GDP data
CHART OF THE DAY :
OUTLOOK:
USDINR: USDINR is facing a consolidate in the range of 81.8-81.4, however 81.35 is immediate support level and on the upside 82.00 act as a resistance, where move above 82.00 it can lead some upside momentum towards 82.4-82.6 while if it slips below 81.35 it may head towards 81.10-81.00 zone.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
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