''As seen on the daily chart of USD INR, the counter is facing trend line resistance near the 62.30 mark. If it braches this level on the upside, then the counter is likely to head towards the 62.50 mark. On the downside, 61.55 is an important support,'' said Swastika Investmart in its report.

''We expect the rupee to trade on a neutral to positive note against the dollar taking cues from less positive than expected employment data from US, weakness in the dollar index and upbeat global markets. However impact of positive housing and manufacturing data from Us may cap sharp gains in the rupee,'' it added.

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