USDINR
On Tuesday, USDINR getting some positive development from covid19 scenario, we are expecting that pair commence session between 74.75 – 74.85 levels.
Day Trend: - Bullish but upside pressure persist.
INTRADAY RANGE – 74.44 (74.66 – 74.87) 75.09
EURUSD
The euro slipped 0.11% to $1.2071, but remained close to the one-month high of $1.2117 reached Monday.
Day Trend: - Bullish but market in overbought territory, correction will be buying opportunity.
INTRADAY RANGE – 1.2163 (1.2107 – 1.2051) 1.1995
GBPUSD
Cable’s is in consolidation phase but upside momentum remains well and sound for the time being.
Day Trend: - Bullish, correction will be buying opportunity.
INTRADAY RANGE – 1.3990 (1.3927 – 1.3864) 1.3801
DOLLAR INDEX
The safe-haven greenback was also out of favour after world stocks started the week hitting a record high, amid increasing investor confidence in a rapid global recovery from the pandemic.
Day Trend: - Bearish but in oversold territory.
INTRADAY RANGE – 91.31 (90.99 – 90.68) 90.36
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