- USD/INR is currently trading around 71.17 marks.
- It made intraday high at 71.28 and low at 71.04 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 71.28 mark.
- Key resistances are seen at 71.28, 71.78 and 72.23 marks respectively.
- On the other side, initial supports are seen at 70.90, 70.47, 70.10, 69.63, 69.16, 68.85, 68.66, 68.52 and 68.31 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- India’s NSE was trading 0.04 pct lower at 11,109.55 point while BSE sensex was trading 0.04 pct lower at 37,568.51 points.
- India will release CPI data around 1200 GMT.
We prefer to take long position on USD/INR only above 71.28, stop loss 70.90 and target of 71.78.


FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
FxWirePro- Major Pair levels and bias summary
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 



