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- USD/INR is currently trading around 67.01 marks.
- It made intraday high at 67.05 and low at 66.99 marks.
- Intraday bias remains neutral till the time pair holds key support at 66.99 marks.
- Key resistances are seen at 67.18, 67.31, 67.45, 67.66, 67.87, 67.99, 68.15, 68.32, 68.49, 68.63, 68.72, 68.85 and 69.52(August, 2013 high) marks respectively.
- On the other side, initial supports are seen at 66.99, 66.85, 66.78, 66.64, 66.50, 66.28, 66.10, 65.95 and 65.81 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.03 percent lower at 8,874.70 points and BSE Sensex was trading at 0.08 percent higher at 28,683 points.
We prefer to take short position in USD/INR only below 66.99, stop loss at 67.13 and target of 66.78.
