- USD/INR is currently trading around 72.05 marks.
- It made intraday high at 72.20 and low at 71.90 marks.
- Intraday bias remains bullish till the time pair holds key support at 71.68 mark.
- Key resistances are seen at 72.17, 72.42, 72.68 and 72.89 marks respectively.
- On the other side, initial supports are seen at 71.68, 71.40, 71.22, 70.80, 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.
- India’s NSE was trading 0.60 pct lower at 11,980.25 points and BSE sensex 0.55 pct lower at 40,653.40 points.
We prefer to take long position on USD/INR around 72.00, stop loss at 71.70 and target of 72.42/72.68 mark.


FxWirePro: GBP/USD hits 5-week,scope for further upside
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD firms as Australian household spending records sharp jump
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro- Woodies Pivot(Major)
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains
FxWirePro: USD/JPY dips below lower range, bearish bias increases 



