- USD/INR is currently trading around 64.37 marks.
- It made intraday high at 64.40 and low at 64.33 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 64.82 marks.
- Key resistances are seen at 64.82, 64.92, 65.02, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial supports are seen at 64.27, 64.18, 64.07, 63.95, 63.65, 63.47 and 63.36 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.43 percent higher at 9,627.45 points and BSE Sensex was trading at 0.50 percent higher at 31,210.66 points.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/INR around 64.38, stop loss at 64.75 and target of 64.27/64.18.


FxWirePro: USD/JPY caught in narrow range, bias bearish
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: GBP/USD dips on UK GDP data miss
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro- Major European Indices
FxWirePro- Major European Indices
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
FxWirePro- Major Pair levels and bias summary 



