- USD/INR is currently trading at 66.78 marks.
- It made intraday high at 66.86 and low at 66.7650 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 66.92 levels.
- A daily close above 66.95 will take the parity up around key resistances at 67.18/67.37/67.70 levels respectively.
- Alternatively, a current rebound from 66.92 will take the parity down towards key supports at 66.58, 66.35 and 65.96 marks.
We prefer to take short position in USD/INR around 66.80, stop loss 66.95 and target 66.58/ 66.35 levels.
