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- Pair is currently trading around 67.27.
- It made intraday high at 67.51 and low at 67.25 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 67.76 levels.
- On the down side, key support falls at 67.00 marks. A sustained break will target the 66.50/66.17 levels.
- A daily close above 67.76 will drag the parity back above 68.00/68.42 marks.
We prefer to take long position in USD/INR around 67.20, stop loss 67.00 and target 67.51/67.76 levels.
