- USD/INR is currently trading around 71.16 marks.
- It made intraday high at 71.32 and low at 71.14 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 71.32 mark.
- Key resistances are seen at 71.32, 71.48 and 71.86 marks respectively.
- On the other side, initial supports are seen at 71.06, 70.93, 70.78, 70.23, 69.87, 69.62, 69.35, 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.
- India’s NSE Nifty was trading around 0.11 percent lower at 10,640.58 points while BSE Sensex was trading 0.01 points higher at 35,598.55 points.
We prefer to take long position on USD/INR only above 71.32, stop loss at 71.00 and target of 71.86.


FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 



