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FxWirePro- Major European Indices 
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FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 
- USD/INR is currently trading around 72.76 marks.
- It made intraday high at 72.96 and low at 72.70 marks.
- Intraday bias remains bullish till the time pair holds key support at 71.50 mark.
- Key resistances are seen at 73.02, 73.24, 73.48 and 73.66 marks respectively.
- On the other side, initial supports are seen at 72.12, 71.50, 71.33, 71.13, 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 0.27 percent higher at 10,922.28 points while BSE Sensex was trading 0.26 points higher at 36,402.82 points.
We prefer to take long position on USD/INR around 72.65, stop loss at 72.50 and target of 73.24.
