USDINR : 07/01/2020

2020-01-06 22:53:16

As expected rupee depreciation continued given the geo political tensions & domestic

tensions and rising crude oil prices...

Once the rupee crossed the Resistance @ 71.88 (opened much higher)

it went past 72 and cooled down in the evening...

Markets remain tense given the renewed Iran threats .. high volatility expected ...

Support @ 71.75 - 71.77
Resistance @ 71.88

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