FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention. 
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD cedes early gains ,outlook bearish 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities 
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand 
FxWirePro: AUD/USD firms after upbeat consumer spending data 
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off 
- USD/INR is currently trading around 69.70 marks.
- It made intraday high at 70.07 and low at 69.67 marks.
- Intraday bias remains slightly bearish for the moment.
- Key resistances are seen at 70.15, 70.38, 70.56 and 70.77 marks respectively.
- On the other side, initial supports are seen at 69.52, 69.02, 68.65, 68.50 and 68.34 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 NSE Nifty was trading around 0.42 percent higher at 11,402.22 points while BSE Sensex was trading 0.37 points higher at 37,783.82 points.
- India July 2018 WPI inflation yy decrease to 5.09 % (forecast 5.24 %) vs previous 5.77 %.
- India July 2018 WPI food index decrease to -0.86 % vs previous 1.56 %.
- India July 2018 WPI fuel yy increase to 18.1 % vs previous 16.18 %.
- India July 2018 WPI manufacturing inflation increase to 4.26 % vs previous 4.17 %.
We prefer to take long position on USD/INR around 69.52, stop loss at 69.02 and target of 70.15.
