- USD/INR is currently trading around 73.55 marks.
- It made intraday high at 73.79 and low at 73.48 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 73.79 mark.
- Key resistances are seen at 73.79, 73.98, 74.11, 74.28 and 74.57 marks respectively.
- On the other side, initial supports are seen at 73.22, 72.89, 72.45, 72.12, 71.50, 71.33 and 71.13 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 0.75 percent lower at 10,518.20 points while BSE Sensex was trading 0.45 points lower at 35,010.82 points.
- RBI will release repo rate as well as reverse repo rate decision at 0900 GMT.
We prefer to take long position on USD/INR only above 73.79, stop loss at 73.22 and target of 74.28.


FxWirePro- Major Pair levels and bias summary
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
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 trends higher, but faces potential pitfalls
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 



