• USD/INR is currently trading around 66.47 marks.
   
• It made intraday high at 66.54 and low at 66.43 marks.
   
• Intraday bias remains bearish till the time pair holds immediate resistance at 66.82 marks.
   
• Key resistances are seen at 66.62, 66.74, 66.82, 66.92, 67.05, 67.16, 67.28, 67.52, 67.71, 67.84, 67.95, 68.02, 68.35(March 1, 2016 high), 68.46, 68.66 and 68.78 marks respectively.
   
• On the other side, initial supports are seen at 66.42(May 01, 2016 low), 66.32 (November 2015 low), 66.21, 66.10, 65.95 and 65.81 marks respectively.
   
• In addition, India’s BSE Sensex was trading 0.09 percent lower at 28,890.28 and NSE Nifty was trading around 0.13 percent lower at 8,905.90 points.
  
  We prefer to take short position in USD/INR around 66.60, stop loss at 66.82 and target of 66.21/66.05.