FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling 
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage 
FxWirePro- Major European Indices 
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 
- USD/INR is currently trading around 68.46 marks.
- It made intraday high at 68.52 and low at 68.36 marks.
- Intraday bias remains neutral till the time pair holds key support at 68.31 mark.
- Key resistances are seen at 68.55, 68.80, 69.10, 69.38 and 69.85 marks respectively.
- On the other side, initial supports are seen at 68.31, 68.12, 67.88, 67.47, 67.26 and 66.60 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 0.06 pct lower at 11,545.55 points and BSE Sensex was trading 0.08 pct higher at 38,757.44 points.
- India will release WPI inflation data around 0630 GMT.
We prefer to take short position on USD/INR only below 68.31, stop loss 68.55 and target of 67.88.
