''As seen on the daily chart, USD INR had taken support at the lower trend line and bounce upwards and is now at the resistance near the 62.30 mark. If it breaches this level on the upside, then 62.68 will be a crucial resistance. On the downside, 61.83 is an important support,'' said Swastika Investmart.

''We expect the rupee to trade on neutral to positive note against the dollar taking cues from less positive than expected economic data from US. However weakness in some global markets and month end dollar demand by importers may cap sharp gains in the rupee,'' it added.  

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