FxWirePro: AUD/USD dips on soft China data 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro- Major European Indices 
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15 
FxWirePro: USD/CAD pauses decline,critical support lies ahead 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
- USD/INR is currently trading around 70.70 marks.
- It made intraday high at 70.85 and low at 70.63 marks.
- Intraday bias remains neutral for the moment.
- Key resistances are seen at 70.90, 71.05, 71.40, 72.02, 72.24, 72.50 and 72.86 marks respectively.
- On the other side, initial supports are seen at 70.63, 70.43, 70.22, 69.69, 69.02, 68.65 and 68.15 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- India’s NSE Nifty was trading around 0.05 percent higher at 10,633.58 points while BSE Sensex was trading 0.12 points higher at 35,397.55 points.
We prefer to take short position on USD/INR only below 70.63, stop loss at 70.90 and target of 70.43.
