FxWirePro USD/CAD steadies around 1.3910,retains bid tone 
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum 
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown 
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line 
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst 
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target 
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest. 
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside 
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50 
FxWirePro: AUD/USD holds narrow range, focus on near-term support 
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data 
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish 
FxWirePro: USD/JPY on nervous hold around 160.00 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro: EUR/AUD holds narrow range, focus on near-term support 
FxWirePro: AUD/USD softens as risk appetite abates 
- USD/INR is currently trading around 71.63 marks.
- It made intraday high at 71.72 and low at 71.56 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 71.75 mark.
- Key resistances are seen at 71.75, 72.10, 72.22, 72.42, 72.68 and 72.89 marks respectively.
- On the other side, initial supports are seen at 71.47, 71.22, 71.10, 70.90, 70.68, 70.47, 70.32, 70.10, 69.76 and 69.48 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 was trading 0.75 pct lower at 11,590.85 points and BSE sensex 0.75 pct lower at 39,587.43 points.
We prefer to take long position on USD/INR only above 71.75, stop loss at 71.47 and target of 72.10/72.22.
