Thursday, October 15, 2026

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USD/INR opens at 67.39, short term trend reversal likely

Pair is currently trading at 67.41 marks. It made intraday high at 67.55 and low 67.36 levels. Intraday bias remains bullish for the moment. A current rebound from 68.78 will likely to take pause around 67.35 levels. Alt…

By Earlence Fernandes
1 min read
USD/INR opens at 67.39, short term trend reversal likely
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  • Pair is currently trading at 67.41 marks.
     
  • It made intraday high at 67.55 and low 67.36 levels.
     
  • Intraday bias remains bullish for the moment.
     
  • A current rebound from 68.78 will likely to take pause around 67.35 levels. 
     
  • Alternatively, a daily close below 67.35 will drag the parity towards next support levels at 67.11/66.24 levels. 

We prefer to take long position in USD/INR around 67.40, stop loss 67.35 and target 67.65/67.80 levels.

 

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