- USD/INR is currently trading around 64.49 marks.
- It made intraday high at 64.54 and low at 64.33 marks.
- Intraday bias remains bullish till the time pair holds key support at 64.30 marks.
- Key resistances are seen at 64.82, 65.03, 65.19, 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 64.30, 64.17 and 64.00 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.13 percent higher at 9,209.65 points and BSE Sensex was trading at 0.12 percent higher at 29,741.94 points.
We prefer to go short on USD/INR around 64.55, stop loss 64.82 and target of 64.17/64.00/63.92.
