- USD/INR is currently trading around 70.80 marks.
- It made intraday high at 70.90 and low at 70.63 marks.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 70.90 mark.
- Key resistances are seen at 70.90, 71.22, 71.47, 71.68, 71.90, 72.17, 72.42, 72.68 and 72.89 marks respectively.
- On the other side, initial supports are seen at 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. Current downside movement is short term trend correction only.
- India’s NSE was trading 0.56 pct higher at 12,325.25 points and BSE sensex 0.60 pct higher at 41,852.75 points.
We prefer to take long position on USD/INR only above 70.90, stop loss at 70.60 and target of 71.22/71.47 mark.


CAD/JPY Dips After Weak GDP – Buy the Pullback at 113, Eyes 115 Breakout
FxWirePro: USD/JPY gains some ground but bearish outlook persists
FxWirePro: USD/CAD claws back some ground, but downtrend remains intact
FxWirePro: EUR/ NZD heads deeper into bear territory, 23.6% fib eyed
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD eases from 3-year high , bias bullish
FxWirePro- Woodies Pivot(Major)
Oil Spikes on US-Iran Fire: $66 Highs Hit, Buy the Dip at $57–58 for $63 Bounce
GBPJPY Bulls Stay in Charge: Holding 210 Unlocks 214+ Upside – Buy the Dip
FxWirePro: AUD/USD eases slightly but trend is still bullish
EURJPY Trapped in Bearish Squeeze: Sell Rallies Near 184 – 180 in Sight
GBPJPY Roars Back 100 Pips — Bulls in Charge Above 210
NZDJPY Poised to Break Higher: Buy-the-Dip Strategy Above 91.40 Support
FxWirePro: NZD/USD pulls back from 6-month high 



