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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar gains before Fed meeting, jobs data

* Dollar edges higher, with all eyes on the Federal Reserve

* US dollar firms as inflation data backs Fed hike; yen plunges

CHART OF THE DAY:

OUTLOOK:

USDINR: USDINR is respecting its 200 DAM beautifully however 82.15 is an immediate and critical resistance zone, above this, we can expect a short covering rally towards the 82.25-82.35 zone. On the downside 81.75 is an immediate support zone while 81.65-81.60 the next support zone.

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