© Simply 3 Capital
© Simply 3 Capital
USD INR saw a turmoil last week and surprised market participants, it breached 81 levels and closed eventually at 80.47 levels
USD INR saw a turmoil last week and surprised market participants, it breached 81 levels and closed eventually at 80.47 levels.
Markets consensus is not expecting USD INR to continue falling and expect it to be consolidating between a range of 80 to 81.50 for next one week. Only a decisive break of this range will throw more clarity on structural trend of the pair.
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