USDINR outperforming for the last two trading sessions where 76.85 - Swastika Investmart
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Daily Currency Market Updates
News in headline:
Dollar ascends on China COVID fears, Fed rate hike pace
Brazilian real tumbles amid rallying dollar and local tensions
U.S. dollar rises to two-year high; yuan tumbles
Chart of the day:
USDINR: USDINR outperforming for the last two trading sessions where 76.85 is an immediate resistance zone above this, we can expect a short covering rally towards 77-77.10 zone. On the downside 76.5 immediate support level while 76.30 will be the next important support level.
Technical View:
The mixed move can be seen in currency.
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