USDINR showing and outperforming for the last two trading sessions where 82.25 - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Dollar stronger as market rethinks monetary policy outlook
* Rising sol: Peru's currency at year-high after shaking off protest impact
* Dollar rebounds after CPI losses; debt ceiling uncertainty offers support
CHART OF THE DAY:
OUTLOOK:
USDINR: USDINR showing and outperforming for the last two trading sessions where 82.25 is an immediate resistance zone above this, we can expect a short covering rally towards 82.35-82.45 zone. On the downside 81.90 immediate support level while 81.70 will be the next important support level.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
