FxWirePro- Major European Indices 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro- Woodies Pivot(Major) 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
- USD/INR is currently trading around 71.71 marks.
- It made intraday high at 71.83 and low at 71.61 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 72.02 mark.
- Key resistances are seen at 72.02, 72.24, 72.50, 72.86, 73.02, 73.45, 74.04, 74.28, 74.57, 74.77 and 74.95 marks respectively.
- On the other side, initial supports are seen at 71.50, 71.33 and 71.13 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 0.66 percent higher at 10,687.22 points while BSE Sensex was trading 0.78 points higher at 35,527.55 points.
We prefer to take short position on USD/INR around 71.75, stop loss at 72.05 and target of 71.33 mark.
