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USDINR is the still in the sideways trend where the 75-75.15 - Swastika Investmart
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News in headline:
Crypto rally lifts ether to new record, bitcoin to near 3-week high
Dollar firm as U.S. inflation poses next test
U.S. dollar net longs slide to five-week low -CFTC, Reuters data
Chart of the day:
Technical View:
USDINR: USDINR is the still in the sideways trend where the 75-75.15 zone is a critical supply zone while a breakout above the 75.00 level can lead to a massive short-covering rally. On the downside 74.40 is an immediate support level while 74.25 is a critical support zone.
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Tag News
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
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Euro lost more than 0.50% yesterday amid strong dollar - ICICI Direct
