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FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
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Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish 
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Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch 
- USD/INR is currently trading around 67.0650.
- It made intraday high at 67.0650 and low at 66.91 marks.
- Intraday bias remains bullish till the time pair holds key support at 66.74 marks.
- A sustained break below 66.74 will tests key supports at 66.42(May 01, 2016 low), 66.32 (November 2015 low), 66.23, 66.10, 65.95 and 65.81 marks respectively.
- Alternatively, current upside trend will take the parity higher towards 68.00 marks.
- Key resistances are seen at 67.04, 67.37, 67.51, 67.81, 68.05 (crossover of 20D, 30D and 55D EMA) and 68.35 (March 1, 2016 high) respectively.
- On the other side, India’s BSE Sensex was trading 1.07% lower at 26,352.99 and NSE Nifty was down by 0.93% to 8,094.10 points.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend.
We prefer to take long position in USD/INR only above 67.04, stop loss 66.75 and target 67.45 levels.
