- USD/INR is currently trading around 64.28 marks.
- It made intraday high at 64.29 and low at 64.18 marks.
- Intraday bias remains bullish till the time pair holds key support at 64.18 marks.
- Key resistances are seen at 64.42, 64.52, 64.62, 64.75, 64.92, 65.02, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial supports are seen at 64.18, 64.07, 63.95, 63.65, 63.47 and 63.36 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.19 percent lower at 9,629.05 points and BSE Sensex was trading at 0.13 percent lower at 31,172.52 points.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- India will release forex reserve and bank loan growth data at 1130 GMT.
We prefer to take long position in USD/INR around 64.25, stop loss at 64.18 and target of 64.38/64.42.


FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro- Major European Indices
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro- Major Crypto levels and bias summary 



