USDJPY Price Is Struggling to Break Up $109 Resistance Level - Swastika Investmart Ltd
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News in headline:
* Dollar on tenterhooks as payrolls test looms
* GBPUSD Price; Will There be Enough Bullish Pressure to Break Up February High?
* USDJPY Price Is Struggling to Break Up $109 Resistance Level
The day trend in USDINR is indicating sideways to upside move making higher highs and higher low bouncing back from the support level which indicates buy signal so buying can be done.
Technical View:
* The mixed move can be seen in currency
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)
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EURINR trading range for the day is 87.13-87.57 - Kedia Advisory
![USD/INR is trading above the important moving avg of 20 and 50 DMA - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/06/904fd1e1241409a822809c271e1a3acf.jpg)
![The pair is likely to trade with negative bias and any pullback near immediate resistance of 62.90 level - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/03/862073a84c28decfb94fc5c4f78173aa.jpg)
![The USD/INR futures pair has support at 81.90 levels whereas resistance is placed at 82.30 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/06/2266d1ab22c3cb61444ce06ae2f7244b.jpg)