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FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
- USD/INR is currently trading around 67.72 marks.
- It made intraday high at 67.85 and low at 67.71 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 67.90 mark.
- Key resistances are seen at 67.83, 67.90, 68.15, 68.26, 68.49, 68.63, 68.72, 68.85 and 69.52(August, 2013 high) marks respectively.
- On the other side, initial supports are seen at 67.68, 67.50, 67.32, 67.26, 67.19, 66.82, 66.68, 66.50, 66.28, 66.10, 65.95 and 65.81 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.26 percent lower at 8,117.90 points and BSE Sensex was trading at 0.38 percent lower at 26,403.71 points.
- 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.
We prefer to take short position in USD/INR around 67.72, stop loss at 67.84 and target of 67.50.
