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01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
USDINR is respecting its important support of 82.35 however 82.95 is an immediate and critical resistance zone - Swastika Investmart
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News in headlines:

* Euro sinks more than 1% after ECB rate hike, U.S. GDP data

* Britain proposes regulation of all crypto assets

* Global FX trading hits record $7.5 turn a day - BIS survey

Chart of the day:

USDINR: USDINR is respecting its important support of 82.35 however 82.95 is an immediate and critical resistance zone, above this, we can expect a short covering rally towards the 83.10-83.25 zone. On the downside 4800 82.45 is an immediate support zone while 82.35 is the next support zone.

Technical View:

* The mixed move can be seen in the currency.

 

 

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