''As seen on the daily chart of USDINR, the counter is moving upwards from a lower supporting trend line. It is likely that the counter will head further upwards where 61.90 mark will be the immediate resistance. On the downside, 61.41 is an important support,'' said Swastika Investmart.
''We expect the rupee to trade on a neutral to negative note against the dollar taking cues from strength in dollar index after the completion of Fed’s bond buying program and slight weakness in the global markets,'' it added.
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