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- USD/INR is currently trading around 64.19 marks.
- It made intraday high at 64.57 and low at 64.19 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 64.57 marks.
- Key resistances are seen at 64.57, 64.74, 64.82, 64.92, 65.08, 65.15, 65.34, 65.48, 65.64, 65.80, 66.00, 66.32, 66.48, 66.57, 66.80, 67.01, 67.17, 67.31 and 67.45 marks respectively.
- On the other side, initial supports are seen at 64.10, 63.94, 63.65, 63.47 and 63.36 marks respectively.
- India's NSE index hits record high of 9374.55 in pre-open trade, surpassing previous milestone on April 27, 2017.
We prefer to go short on USD/INR around 64.25, stop loss 64.57 and target of 64.10/64.00/63.94.
