USDINR two days sharp bull run now consolidating the range of 82.50-83.00 - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Dollar flat after Fed official comments; focus on CPI data next week
* U.S. dollar flat to moderately higher, weak outlook intact on Fed outlook
* Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll
CHART OF THE DAY:
OUTLOOK:
USDINR: USDINR two days sharp bull run now consolidating the range of 82.50-83.00, where upside it has an immediate resistance level of 83.10, on the downside if it slip below 82.40 then downside it will be test 82.20-82.00 levels, while above 83.10 it may head towards 83.20-83.35 levels.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
