- USD/INR is currently trading around 65.14 marks.
- It made intraday high at 65.21 and low at 65.13 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 65.22 mark.
- Key resistances are seen at 65.22, 65.36, 65.48, 65.65 and 65.82 marks respectively.
- On the other side, initial supports are seen at 65.02, 64.82, 64.68, 64.50, 64.22, 64.02, 63.87, 63.68, 63.47, 63.22 and 63.17 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 around 1.19 percent lower at 9,994.70 points and BSE Sensex was trading at 0.15 percent lower at 32,624.74 points.
We prefer to take long position in USD/INR only above 65.22, stop loss at 65.02 and target of 65.48.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: AUD/USD stalls as uncertainty around the U.S.-Iran outlook peace talks weighed on risk sentiment
FxWirePro- Major European Indices
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Euro Under Pressure: EURUSD Retreats Amid Escalating Middle East Tensions
FxWirePro: GBP/NZD regains upwards momentum but unable to hold above
Aussie vs. Yen: AUDJPY Holds Critical Support Amid Minor Retracement
FxWirePro: GBP/NZD slips amid prolonged geopolitical uncertainty
Bitcoin Rises on Diplomatic Hopes: Bulls Eye $85,000 Ahead of Ceasefire Talks
FxWirePro: GBP/USD recovers from early dip but upside is limited
FxWirePro: AUD/USD softens as Iran rejects US peace talks
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/ZAR trades in narrow range as Middle East tensions fester
Ethereum Stays Resilient: ETHUSD Follows Bitcoin's Lead Above USD 2,300
Sterling Surge: GBPJPY Rebounds from Fibonacci Support as Yen Weakness Persists
FxWirePro: USD/CAD dips as weaker dollar gives bears some traction
FxWirePro- Major European Indices
Institutional Whale Surge: ETHUSD Trends Higher as Bitmine Amasses 4.97 Million Ether 



