11-08-2021 10:05 AM | Source: Swastika Investmart Ltd
USDINR is the still in the sideways trend where the 75-75.15 - Swastika Investmart
News By Tags | #2767 #2911

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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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