''As seen on the daily chart, USD INR bounced from the lower trend line support. On the upside, 62.11 is an immediate resistance for the counter, while 61.55 continues to remain a key support,'' said Swastika Investmart.
''We expect the rupee to trade on neutral to negative note against the dollar taking cues from positive GDP estimate from US. However, upbeat global market sentiments may cap sharp gains in the dollar,'' it added.
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