USD/INR fails to break key support at 67.00, buy on dips

• Pair is currently trading around 67.29 levels.
   
• It made intraday high at 67.32 and low at 67.21 levels.
   
• Intraday bias remains bullish for the moment.
   
• A current downfall from 68.78 likely to end around 67.00 marks and pair likely to consolidate below 67.76 marks.
   
• Alternatively, a sustained break of 67.00 will take the parity towards 66.46/ 65.97 marks.

We prefer to take long position in USD/INR around 67.20, stop loss 67.00 and target 67.50/67.76 levels.