The USD is still very strong and INR may continue to be weak although in the immediate term INR might gain a bit as in the short term a bit of cooling in USD is expected. The immediate resistance to INR will be at around 58.085, 57.916 and 57.493. However, in the next few sessions the INR is expected to continue to be weak and might as well be shorted at lower levels today. The support for the INR will at 58.82 and 59.41.
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