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FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro- Woodies Pivot(Major) 
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FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro: USD/JPY holding bid into weekend 
- USD/INR is currently trading around 68.53 marks.
- It made intraday high at 68.87 and low at 68.42 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 68.87 mark.
- Key resistances are seen at 68.87, 69.18, 69.52 and 69.88 marks respectively.
- On the other side, initial supports are seen at 68.35, 68.14, 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. Current downside movement is short term trend correction only.
- India’s NSE Nifty was trading around 0.58 percent higher at 10,650.80 points while BSE Sensex was trading 0.56 points higher at 35,234.88 points.
We prefer to take long position on USD/INR around 68.48, stop loss at 68.35 and target of 68.87/69.18.
