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FxWirePro: USD/INR opens higher at 66.74, good to buy on dips

USD/INR is currently trading at 66.82 marks. It made intraday high at 66.84 and low at 66.73 levels. Intraday bias remains bullish till the time pair holds key support at 66.35 levels. A daily close below 66.35 will take…

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FxWirePro: USD/INR opens higher at 66.74, good to buy on dips
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  • USD/INR is currently trading at 66.82 marks.
     
  • It made intraday high at 66.84 and low at 66.73 levels.
     
  • Intraday bias remains bullish till the time pair holds key support at 66.35 levels.
     
  • A daily close below 66.35 will take the parity down around key support at 66.18/65.95 levels respectively.
     
  • Alternatively, a current rebound from 66.35 will take the parity higher towards key resistances at 66.95, 67.18 and 67.70 marks.

We prefer to take long position in USD/INR around 66.75, stop loss 66.35 and target 67.18/ 67.37 levels.

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