- USD/INR is currently trading around 67.22.
- It made intraday high at 67.26 and low at 67.12 marks.
- Intraday bias remains bullish till the time pair holds key support at 66.82 marks.
- A daily close above 67.26 will take the parity up towards key resistances at 67.41(20D EMA), 67.76 and 68.35 (March 1, 2016 high).
- Alternatively, reversal from key 67.28 will tests key supports at 66.82, 66.56, 66.42(May 01, 2016 low) /66.32 (November 2015 low) /66.23/66.10/65.95/65.81 marks respectively.
- In addition, Indian stock markets are trading on a negative note. As BSE Sensex was trading 0.23% lower at 25,646.94 while NSE Nifty down by 0.40% to 7,838 points.
We prefer to take long position in USD/INR around 67.18, stop loss 66.82 and target 67.55 levels.


FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro- Woodies pivot (Major)
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115 



