Published on 1/01/2021 10:52:45 AM | Source: Swastika Investmart Ltd
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News in headline:
* More weakness seen as dollar posts worst year since 2017
* EUR/USD: Dips toward 1.2235 seen as a buying opportunity
* Dollar in the dumps as 2020 ends, another bumper bond year
Chart of the day:
The day trend in USDINR is showing downside move, making lower lows and lower high which indicates sell signal as failed to sustain upside move.
Technical View:
* The mixed to upside move can be seen in currency but selling is expected in USDINR.
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