• USD/INR is currently trading around 64.80 marks.
   
• It made intraday high at 64.94 and low at 64.72 marks.
   
• Intraday bias remains bearish till the time pair holds key resistance at 64.94 marks.  
   
• Key resistances are seen at 64.94, 65.08, 65.18, 65.34, 65.48 and 65.80 marks respectively.


• On the other side, initial supports are seen at 64.72, 64.48, 64.27, 64.07, 63.95, 63.65, 63.47 and 63.36 marks respectively.
   
• In addition, India’s NSE Nifty was trading around 0.72 percent higher at 9,497.55 points and BSE Sensex was trading at 0.72 percent higher at 30,653.03 points.
   
• Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
  
  We prefer to go long on USD/INR only above 64.94, stop loss 64.48 and target of 65.18/65.48/65.80.