CURRENCY VIEWS FOR THE WEEK 21 NOV – 25 NOV 2022 - IN INDIA

The dramatic down move followed by a sharp recovery suggest the shallow nature of the move. However, the Candle confirms the trend reversal. We can safely assume that the top at 83.10-83.30 is expected to hold for the current month and possibly till the year end. We can see huge demand due to unhedged exposure getting covered. Visit the site: https://www.orientexchange.in/foreign-currency-views-21-25-nov-2022

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