Currency Tips for Today: USDINR Trend

The USDINR seems to be weak and opening indications are mixed as the Japanese markets traded higher while the Hang Seng was at 0.36% yesterday. For today, Rs. 53.39 will act as a strong support for USDINR and if this level is broken a decline towards Rs. 53.09 level could also be seen. Whereas, on the upside USDINR has resistance at Rs. 53.714.