- USD/INR is currently trading around 75.05 marks.
- It made intraday high at 75.28 and low at 74.82 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 75.28 mark.
- Key resistances are seen at 75.28, 75.80, 76.00 and 76.51marks respectively.
- On the other side, initial supports are seen at 74.55, 73.97, 73.58, 73.00 and 72.58 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- India’s NSE was trading 4.88 pct lower at 9,377.75 points while BSE Sensex was trading 4.97 pct lower at 32,034.70 points.
- India’s manufacturing PMI stands at 27.4 vs 51.8 previous release (expected 41.0).
We prefer to take long position on USD/INR only above 75.28, stop loss at 74.50 and target of 75.80/76.00.


FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
AUDJPY Surges to One-Month High on Australian Dollar Strength
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro- Woodies Pivot (Major)
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance 



