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FxWirePro- Major Crypto levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
- USD/INR is currently trading around 64.42 marks.
- It made intraday high at 64.48 and low at 64.41 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 64.62 marks.
- Key resistances are seen at 64.62, 64.75, 64.92, 65.02, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial supports are seen at 64.35, 64.27, 64.07, 63.95, 63.65, 63.47 and 63.36 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.11 percent higher at 9,629.55 points and BSE Sensex was trading at 0.12 percent lower at 31,184.57 points.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- India’s May Nikkei Markit manufacturing PMI decrease to 51.6 (forecast 52.7) vs previous 52.5.
We prefer to take short position in USD/INR around 64.45, stop loss at 64.62 and target of 64.27.
