FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major European Indices 
FxWirePro: USD/JPY holds range near 160 as intervention risks loom 
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CNY drifts lower, vulnerable to more downside 
FxWirePro: EUR/AUD eases slightly but trend is still bullish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
FxWirePro: GBP/USD outlook weaker on renewed downside pressure 
FxWirePro: USD/ZAR sustains gains as uptrend remains strong 
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains 
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand 
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet 
FxWirePro- Major European Indices 
- USD/INR is currently trading around 67.56.
- It made intraday high at 67.78 and low at 67.55 marks.
- Intraday bias remains bullish till the time pair holds key support at 67.26 marks.
- In addition, a daily close above 67.78 will take the parity up towards key resistances at 67.81, 68.05 (crossover of 20D, 30D and 55D EMA) and 68.35 (March 1, 2016 high).
- Alternatively, reversal from key resistance will tests key supports at 67.35, 67.26, 66.82, 66.56, 66.42(May 01, 2016 low), 66.32 (November 2015 low), 66.23, 66.10, 65.95, 65.81 marks respectively.
- On the other side, Indian stock markets are trading on a higher note. As BSE Sensex was trading 1.25% higher at 25,622.94 while NSE Nifty up by 1.51% to 7,865.80 points.
- Important to note here that 20D, 30D and 55D EMA heads up and confirm the bullish trend. Current down side movement is short term trend correction only.
We prefer to take long position in USD/INR around 67.45, stop loss 67.26 and target 67.81/ 68.05 levels.
