- USD/INR is currently trading around 71.60 marks.
- It made intraday high at 71.74 and low at 71.53 marks.
- Intraday bias remains neutral till the time pair holds key support at 71.52 mark.
- Key resistances are seen at 71.90, 72.17, 72.42, 72.68 and 72.89 marks respectively.
- On the other side, initial supports are seen at 71.22, 71.02, 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.
- India’s NSE was trading 0.64 pct higher at 11,737.85 points and BSE sensex 0.60 pct higher at 39,968.43 points.
- India’s markit manufacturing PMI stands at 55.3 vs 52.7 pct previous release (expected 52.8).
We prefer to take long position on USD/INR only above 71.75, stop loss at 71.50 and target of 71.90/72.17.


EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: GBP/AUD eases slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Crypto levels and bias summary
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: GBP/NZD edges lower but bias is bullish
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest. 



