The Indian currency has appreciated by 55 paise in the past two sessions.
Extending the gains into the third consecutive session, the Indian rupee closed 12 paise higher at 71.72 per dollar on September 6.
The rupee touched intraday high of 71.59 after opening flat at 71.87 per dollar.
On September 5, the rupee settled with gains of 28 paise at 71.84 against the US dollar as investor sentiment revived after China and the United States said they will resume trade talks.
The dollar-rupee September contract on the NSE was at 72.0 in the previous session. Open interest increased 3.17% in the previous session, said ICICIdirect.
We expect the USD-INR to find resistance at higher levels. Utilise upsides in the pair to initiate short positions, it added.
Key benchmark indices Sensex and Nifty ended with gains, tracking gains in global peers amid easing US-China trade tensions.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.