- USD/INR is currently trading around 68.77 marks.
- It made intraday high at 68.79 and low at 68.63 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 69.10 mark.
- Key resistances are seen at 69.10, 69.38, 69.85, 70.20, 70.52, 70.85, 70.97, 71.23 and 71.51 marks respectively.
- On the other side, initial supports are seen at 68.60, 68.49, 67.88 and 67.67 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- India’s NSE was trading 0.32 pct higher at 11,955.55 points and BSE Sensex was trading 0.30 pct higher at 39,956.44 points.
We prefer to take short position on USD/INR only below 68.60, stop loss 69.10 and target of 68.49/67.88.


FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro- Woodies pivot (Major)
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: GBP/NZD stuck in range but outlook is bullish
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro- Woodies pivot (Major)
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro- Major Pair levels and bias summary
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
FxWirePro- Major Crypto levels and bias summary 



