''USDINR pair bounced back from lower level near 63 and now pair have stiff resistance at 63.40 to clear and if unable to clear this level then can again drift lower towards 63.10-63.15. Only a breakout above 63.40 can take further higher towards 63.55-63.60,'' said Emkay Commodiy Research.

''Today pair is expected to have immediate resistance at 63.30 levels and as far as trading below 63.40, can trade sideways to lower towards 63.10-63.15. Pair can see fresh selling only below 63.10. On higher side, only a breakout above 63.40 can take pair higher towards 63.55,'' it added.

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