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USDINR, Expected Range for Jun : 74.25 - 76
Expecting breakout on the bottom side.
Reasons to be Bearish:
1. Economy slowly reopening as the number of new cases decrease.
2. With another stimulus on the horizon, markets are more uplifted by the assured liquidity.
3. US-China trade tensions cooled off.
Reasons to be Bullish:
1. There's every chance that as economy opens, the number of new cases increase.
2. Protest still going strong.
Reasons to be Bearish:
1. Economy slowly reopening as the number of new cases decrease.
2. With another stimulus on the horizon, markets are more uplifted by the assured liquidity.
3. US-China trade tensions cooled off.
Reasons to be Bullish:
1. There's every chance that as economy opens, the number of new cases increase.
2. Protest still going strong.
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