The USD-INR pair will trade in a range of 66.50-66.80/dollar, says Pramit Brahmbhatt of Veracity.
Pramit Brahmbhatt of Veracity said, "Rupee to trade with positive bias following positive sentiment in domestic equity market. See resistance for the USD-INR at 66.80/dollar levels. The USD-INR pair will trade in a range of 66.50-66.80/dollar."
The US dollar was mixed as investors took some profits from the greenback's recent strength and evaluated whether the Federal Reserve is likely to raise interest rates later this year.