Dollar-rupee futures appreciated on Thursday against US dollar. USDINR September contract moved up 16 paise or 0.26 percent at 61.22 as against previous close of 61.06.

Swastika Investmart expects the rupee to trade on a neutral to negative note against the dollar taking cues from positive economic data from US and strength in the dollar index.

''September USDINR prices are expected to have intraday support at 61-61.05 and buying can be seen there. On higher side prices can test 61.30. Prices should not fall below 60.90 to maintain positive outlook for the day,'' said Emkay Global Financial Services.

ICICIdirect expects the US dollar to garner buying support on declines against the rupee. ''Utilize declines in the USD/INR September contract to buy. Buy USD/INR September futures in the range of 60.93-60.03 with target 61.20-61.40.''

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