Societe Generale believes that in order to confirm the continuation of the upward trend, it is crucial for the USDINR exchange rate to surpass the resistance levels of 82.95/83.30 after currently standing at 82.7900.
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USD/INR has reached the upper end of its consolidation since last year at 82.95/83.30. Economists at Société Générale anlayzes the pair’s technical outlook.
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