- USD/INR is currently trading around 69.70 marks.
- It made intraday high at 70.07 and low at 69.67 marks.
- Intraday bias remains slightly bearish for the moment.
- Key resistances are seen at 70.15, 70.38, 70.56 and 70.77 marks respectively.
- On the other side, initial supports are seen at 69.52, 69.02, 68.65, 68.50 and 68.34 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 0.42 percent higher at 11,402.22 points while BSE Sensex was trading 0.37 points higher at 37,783.82 points.
- India July 2018 WPI inflation yy decrease to 5.09 % (forecast 5.24 %) vs previous 5.77 %.
- India July 2018 WPI food index decrease to -0.86 % vs previous 1.56 %.
- India July 2018 WPI fuel yy increase to 18.1 % vs previous 16.18 %.
- India July 2018 WPI manufacturing inflation increase to 4.26 % vs previous 4.17 %.
We prefer to take long position on USD/INR around 69.52, stop loss at 69.02 and target of 70.15.


FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro:NZD/USD continues to recovers , upside pressure builds
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro -Major European Indices
FxWirePro- Major Pair levels and bias summary
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede 



