FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/AUD moves lower on weak UK data 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
- USD/INR is currently trading around 68.26 marks.
- It made intraday high at 68.30 and low at 68.16 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 68.15 mark.
- Key resistances are seen at 68.52, 68.75, 68.94, 69.05, 69.18, 69.52 and 69.88 marks respectively.
- On the other side, initial supports are seen at 68.15, 67.97, 67.79 and 67.59 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 0.53 percent lower at 11,286.22 points while BSE Sensex was trading 0.58 points lower at 37,302.82 points.
- RBI repo rate increase to 6.5 % (forecast 6.5 %) vs previos 6.25 %.
- RBI reverse repo rate increase to 6.25 % (forecast 6.25 %) vs previous 6 %.
We prefer to take short position on USD/INR only below 67.98, stop loss at 68.52 and target of 67.59.
