- USD/INR is currently trading around 64.40 marks.
- It made intraday high at 64.59 and low at 64.39 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 64.62 mark.
- Key resistances are seen at 64.62, 64.75, 64.87, 64.95, 65.12, 65.28, 65.49, 65.72, 65.85, 65.98, 66.20, 66.46, 66.68 and 66.79 marks respectively.
- On the other side, initial supports are seen at 64.37, 64.22 and 64.05 marks respectively.
- India’s NSE Nifty was trading around 0.15 percent higher at 10,138.95 points and BSE Sensex was trading at 0.16 percent higher 32,882.05 points.
We prefer to take short position in USD/INR around 64.42, stop loss at 64.62 and target of 64.22/64.05.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major European Indices
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro- Woodies Pivot(Major)
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet 



