- USD/INR is currently trading around 65.26 marks.
- It made intraday high at 65.35 and low at 65.21 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 65.48 marks.
- Key resistances are seen at 65.48, 65.72, 65.85, 65.98, 66.20, 66.46, 66.68 and 66.79 marks respectively.
- On the other side, initial supports are seen at 65.20, 65.08, 64.82, 64.64, 64.53 and 64.29 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 Nifty was trading around 0.36 percent higher at 10,020.55 points and BSE Sensex was trading at 0.27 percent higher 31,920.73 points.
We prefer to take short position in USD/INR only below 65.20, stop loss at 65.48 and target of 64.98.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
FxWirePro: USD/JPY edges higher as traders eye U.S. Jobs data and Geopolitical developments
FxWirePro : EUR/NZD gains upside momentum but still bearish
FxWirePro: USD/ZAR gains some ground, but downtrend remains
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro- Woodies pivot (Major)
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
FxWirePro: AUD/USD eases as investors await U.S. employment figures 



