USDINR is consolidating in the range of 82.80-83.22 - Swastika Investmart
CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Dollar strengthens following strong U.S. data and ECB rate hike
* New Zealand banks to introduce new measures to prevent scams
* PBOC increases offshore yuan bills issuance to stabilize currency
CHART OF THE DAY:
OUTLOOK:
USDINR:
USDINR is consolidating in the range of 82.80-83.22 where move above 83.22 can lead some upside towards 83.30-83.35 while if it slips below 83.00 it may head towards 82.80-82.60 zone.
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Buy EURINR Dec @ 88.3 SL 88.1 TGT 88.5-88.7. - Kedia advisory