18-09-2023 09:43 AM | Source: Swastika Investmart Ltd
On the downside 83.00 has an important intraday support zone - Swastika Investmart Ltd

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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar down after data but set for ninth straight weekly climb

* Euro Hits Five-Month Low Against Dollar Following ECB Rate Hike

* Euro Suffers Worst Trading Day Since July Amid Dovish ECB Signals

CHART OF THE DAY:


OUTLOOK:

USDINR: USDINR has given positive close above 83.15 on yesterday’s trading session. Where 83.25-85.28 will be the first resistance area while 83.30-83.32 are the next critical supply levels. On the downside 83.00 has an important intraday support zone.


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