- USD/INR is currently trading around 71.81 marks.
- It made intraday high at 71.83 and low at 71.33 marks.
- Intraday bias remains bullish for the moment.
- Key resistances are seen at 71.98, 72.24, 72.44, 72.68 and 72.85 marks respectively.
- On the other side, initial supports are seen at 71.33, 71.00, 70.63, 70.47, 70.22 and 69.94 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- India’s NSE Nifty was trading around 0.13 percent lower at 11,505.22 points while BSE Sensex was trading 0.09 points lower at 38,123.82 points.
- India Aug 2018 Nikkei markit services PMI decrease to 51.5 vs previous 54.2.
We prefer to take long position on USD/INR around 71.70, stop loss at 70.33 and target of 72.24/72.44.


FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Crypto levels and bias summary 



