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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* China's yuan may slip further to aid economic recovery - analysts

* Goldman Sachs sees Turkish lira slip to 28.00 versus dollar in 12 months

* Dollar jumps after surprise boost in May payrolls

CHART OF THE DAY:

OUTLOOK:

USDINR: USDINR is respecting its 50 SAM 82.30 beautifully however 82.65 is an immediate and critical resistance zone, above this, we can expect a short covering rally towards the 82.75-82.85 zone. On the downside 82.30 is an immediate support zone while 82.20 is the next support zone.

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