Indian Rupee fell to a fresh low as the dollar's strength against other currencies overseas weighed on sentiment, but likely intervention by the central bank may check a sharp fall.
Tech Outlook:
USD/INR is seen on a bull note with the trading range expected between 43.18-43.40.With good support seen at 43.12 levels and key resistance is seen at 42.51 levels. Chart pattern gives a indication of a small downside correction for the day. Stochastic at overbought levels is also supporting the view.
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