Following is the currency outlook for the day from Way2Wealth Research:

USDINR: 55.48

Prices crossed and closed above the neckline resistance pegged at 55.4 levels. We expect prices to continue their upwards journey until 55.9 levels is hit.

RSI (14) is inline with the chart pattern.

EURINR: 67.89

The pair is trending higher in higher high/low fashion. And is expected to continue the same the next resistance level pegged at 68.5 levels is hit.

RSI (14) positive divergence is visible.

GBPINR: 86.54

It tested the previous swing low, visible on the daily chart and turned its direction. Prices are expected to retest previous swing high of 87.12.

RSI (14) positive divergence is visible.

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