Forex Market News

EURINR – Ways2Capital

EURINR traded steady in lower range with mixed global cues and fluctuations in dollar index.At international pair, The euro was trading marginally down at $1.1397.
Investors have dumped euro zone government bonds over the past two weeks on expectations the European Central Bank (ECB) would unwind extraordinary stimulus sooner rather than later.
We expect prices to trade sideways to down with resistance at 73.9/74.10 while important support lies at 73.50/73.20.
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