INR resilience around 13.08-13.6574 - What's next?

Watching the $INR today, it's held its ground remarkably well in that 13.08-13.6574 range, currently sitting around 13.2 after an initial dip. The -0.83% day close, while notable, doesn't seem to have triggered any significant breakout or breakdown just yet.

My take is there's a 60-70% chance we continue to chop around this current range for the remainder of the week, possibly drifting towards the higher end (13.5-13.6) if broader risk-off sentiment takes hold. The reasoning is pretty straightforward: we're seeing some institutional consolidation here, and while the economic data can be a bit mixed, there doesn't seem to be an immediate catalyst to push it decisively out of this recent equilibrium. A sustained breach of 13.6574 would obviously change the picture, signaling a potential move towards 14, but I'd put those odds closer to 30% for now. Conversely, a strong move back below 13.08 seems less likely given current market dynamics, maybe a 10% chance. Just my observation, not a call to action.