Indian rupee falls against US dollar, hovers around key resistance level at 68.48
Tuesday, February 16, 2016 9:54 AM UTC
- 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.