- USD/INR is currently trading around 71.26 marks.
- It made intraday high at 71.33 and low at 71.19 marks.
- Intraday bias remains bullish till the time pair holds key support at 71.22 mark.
- Key resistances are seen at 71.41, 71.70, 71.82, 72.05, 72.17, 72.42, 72.68 and 72.89 marks respectively.
- On the other side, initial supports are seen at 71.12, 70.80, 70.64, 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 markit manufacturing PMI stands at 52.7 vs 51.2 previous release (expected 51.0).
- India’s NSE was trading 0.75 pct higher at 12,273.55 points and BSE sensex points 0.70 pct higher at 41,594.58 points.
We prefer to take short position on USD/INR only below 71.12, stop loss at 71.40 and target of 70.80/70.64 mark.


FxWirePro: USD/CAD neutral in the near term, scope for downward resumption
FxWirePro: USD/ZAR recovers some ground but bears are not done yet
FxWirePro: USD/CAD gains some ground but bearish outlook persists
Major Pair Currency Score: EURUSD, NZDUSD, and AUDUSD Lead with Strong Bullish Sentiment
FxWirePro: NZD/USD softens as markets await US inflation data
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro: GBP/AUD slips lower, remains on bearish path
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: AUD/USD firms as RBA hike anxiety builds
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
AUDJPY Surges on Strong Australian Dollar, Bulls Eye 115 Target
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/USD dips as firmer PCE data supports the dollar
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target 



