- USD/INR is currently trading around 64.41 marks.
- It made intraday high at 64.54 and low at 64.37 marks.
- Intraday bias remains neutral till the time pair holds key support at 64.37 mark.
- Key resistances are seen at 64.55, 64.75, 64.87, 64.95, 65.12, 65.28, 65.49, 65.72, 65.85, 65.98, 66.20, 66.46, 66.68 and 66.79 marks respectively.
- On the other side, initial supports are seen at 64.37, 64.22 and 64.05 marks respectively.
- India’s NSE Nifty was trading around 0.72 percent lower at 10,287.95 points and BSE Sensex was trading at 0.68 percent lower 33,374.18 points.
We prefer to take short position in USD/INR only below 64.37, stop loss at 64.55 and target of 64.22/64.05.
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