- USD/INR is currently trading around 71.54 marks.
- It made intraday high at 71.68 and low at 71.52 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 71.92 mark.
- Key resistances are seen at 71.92, 72.17, 72.42, 72.68 and 72.89 marks respectively.
- On the other side, initial supports are seen at 71.40, 71.02, 70.72, 70.47 and 70.10 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- India’s NSE Nifty was trading 0.06 pct higher at 10,956.65 points while BSE sensex was trading 0.09 points higher at 37,021.93 points.
We prefer to take short position on USD/INR around 71.55, stop loss 71.92 and target of 71.40/71.26/71.02.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro- Major Pair levels and bias summary
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro- Woodies Pivot(Major)
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
FxWirePro: USD/JPY edges up as yen dips after soft household spending data 



