USDINR September opens low today, trading at 71.7225, down 0.1200 or 0.17%.

Upside Key Resistance is at 72.0350, above which only prices will resume UP Trend.

Downside Key support is at 71.2446 below which prices will move towards 70.80.

USDINR Spot key support is 71.357 and resistance is 72.310, break of this range will set fresh directional move.

Prices are likely to remain in 71.450 -72.16 band in Today’s session.  

Medium-Term Trend is "Buy" and Key Reversal Point is 70.7824.

US Dollar Index against the basket of six major currencies rose by 0.05% to 98.423 amid weak export data from China.

 

Story by Shelly Airan for tarunsatsangi.com