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- USD/INR is currently trading around 64.77 marks.
- It made intraday high at 64.89 and low at 64.72 marks.
- Intraday bias remains neutral till the time pair holds key support at 64.72 marks.
- Key resistances are seen at 65.00, 65.13, 65.22, 65.34, 65.48, 65.64, 65.80, 66.00, 66.32, 66.48, 66.57, 66.80, 67.01, 67.17, 67.31 and 67.45 marks respectively.
- On the other side, initial supports are seen at 64.72, 64.58 and 64.34 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.15 percent lower at 9,159.20 points and BSE Sensex was trading at 0.21 percent lower at 29,585.56 points.
We prefer to take short position in USD/INR only below 64.72, stop loss 65.00 and target of 64.58/64.34.
