- USD/INR is currently trading around 75.91 marks.
- It made intraday high at 76.37 and low at 75.70 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 76.40 mark.
- Key resistances are seen at 76.40, 76.87, 77.41, 77.78, 78.12, 78.26, 78.62 and 79.02 marks respectively.
- On the other side, initial supports are seen at 75.47, 74.90, 74.50, 73.74, 73.58, 73.00 and 72.58 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 was trading 1.19 pct higher at 9,093.55 points while BSE Sensex was trading 1.18 pct higher at 30,980.55 points.
We prefer to take short position on USD/INR around 76.00, stop loss at 76.40 and target of 75.47/75.20.


GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro- Major Pair levels and bias summary
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro: AUD/USD slips amid wavering risk sentiment
FxWirePro- Major European Indices
FxWirePro: EUR/AUD eases as market awaits Iran deadline
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 



