Forex Market News

Buy EURINR: Target Of 72.20 – 72.68

On Monday, EURINR January contract pair opened on a flat note at 71.77 and thereafter it remained subdued and traded within a narrow range of 71.57 – 71.86 and finally ended at 71.74 forming Doji candlestick formation.
The pair is witnessing strong supports around 71.48 levels of the slanting trend line and as long as it holds above upside potential remains intact. On the higher side resistances are at 72.15 then 72.68.
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