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Indian rupee falls against US dollar, hovers around key resistance level at 68.48

Indian rupee depreciated 0.5% against US dollar and currently trading at 68.40 levels. It made intraday high at 68.42 and low at 68.12 levels. A daily close above 68.48 will take the parity towards 2 year low around 69.2…

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Indian rupee falls against US dollar, hovers around key resistance level at 68.48
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  • Indian rupee depreciated 0.5% against US dollar and currently trading at 68.40 levels.
     
  • It made intraday high at 68.42 and low at 68.12 levels.
     
  • A daily close above 68.48 will take the parity towards 2 year low around 69.22 levels.
     
  • Alternatively reversal from key resistance will take the parity back below 67.00 marks.
     
  • Key support levels are falls at 68.27, 68.00 and 67.55 levels.
     
  • On the top side, resistance levels are falls at 68.48, 69.00 and 69.22 marks.

 

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