Yesterday USD- INR June series opened at 48.4350 & rose to 48.5975 to register the high of the day. It then continued to decline to make the low of the day at 48.4025 & finally closed the day at 48.5375.We see 49.00 as resistance & 47.70 as support for the day.  However the last corrective pattern which we were expecting to be flat or triangle has finally has resolved to be flat. This has finally looks to be terminated at 49.0000 & downward journey has commenced towards the 46.60.