- USD/INR is currently trading around 64.38 marks.
- It made intraday high at 64.40 and low at 64.29 marks.
- Intraday bias remains bullish till the time pair holds key support at 64.25 marks.
- Key resistances are seen at 64.45, 64.60, 64.85, 64.98, 65.09, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial
supports are seen at 64.25, 64.18, 64.07, 63.95, 63.65, 63.47 and 63.36 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.02 percent higher at 9,900.30 points and BSE Sensex was trading at 0.09 percent higher at 31,982.57 points.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take long position in USD/INR only above 64.48, stop loss at 64.25 and target of 64.75.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro-Major European Indices
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro- Woodies Pivot(Major) 



