The Indian Rupee trades stronger on the day. The USD/INR pair keeps the constructive vibe unchanged as it holds above the key 100-day Exponential Moving Average (EMA) on the daily timeframe. The bullish momentum is also supported by the 14-day Relative Strength Index (RSI), which remains above the 50-midline, supporting the buyers for the time being.
Any follow-through buying will attract some buyers to the all-time high of 83.75. The next barrier will emerge at the 84.00 psychological level.
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