Broader greenback trends are dominating, USD/Asia rally today has weighed on the INR however recent ranges do remain respected.
Bulls target a break of 83, an area which the RBI is said to have sold USD to defend last month. Bears target the 200-Day EMA at 80.7632.
On the wires today we have Jan Industrial Production, the Bloomberg Survey Median Estimate is at 5.1% and the prior read was 4.3%.

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USD/INR prints at 82.05/10, ~0.1% firmer in today's trading.

Broader greenback trends are dominating, USD/Asia rally today has weighed on the INR however recent ranges do remain respected.
Bulls target a break of 83, an area which the RBI is said to have sold USD to defend last month. Bears target the 200-Day EMA at 80.7632.
On the wires today we have Jan Industrial Production, the Bloomberg Survey Median Estimate is at 5.1% and the prior read was 4.3%.

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