Indian rupee dropped as weaker Asian stock markets raised prospects for more foreign fund outflows, but the central bank is expected to curb any sharp fall
Tech Outlook:
Rupee is expected to be on a bull note for the day. With the trading range of 43.25-43.45.With good support seen at 43.18 levels and key resistance for the currency is seen at 43.50 levels. Currency is seen trading well above the fast moving averages and is expected to test the upper Bollingers.
Rupee is expected to be on a bull note for the day. With the trading range of 43.25-43.45.With good support seen at 43.18 levels and key resistance for the currency is seen at 43.50 levels. Currency is seen trading well above the fast moving averages and is expected to test the upper Bollingers.
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