- USD/INR is currently trading at 66.43 marks.
- It made intraday high at 66.44 and low at 66.30 levels.
- Intraday bias remains neutral for the moment.
- A daily close below 66.48 will drag the parity down towards 66.32, 65.02 and 65.96 levels thereafter.
- Alternatively, reversal from 66.30 will take the parity up around key resistances at 66.54/66.86/67.18 levels respectively.
- Later today, India will release CPI data. Market anticipates CPI to fall to 5.00% m/m vs 5.18% m/m previous release. On the other side, industrial production data likely to rise around 1.0% m/m vs -1.5% previous release.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot(Major)
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 



