- USD/INR is currently trading around 70.13 marks.
- It made intraday high at 70.21 and low at 70.05 marks.
- Intraday bias remains bullish till the time pair holds immediate support at 69.85 mark.
- Key resistances are seen at 70.20, 70.51, 70.68 and 70.85 marks respectively.
- On the other side, initial supports are seen at 69.85, 69.52, 69.38, 69.22, 68.92, 68.49, 67.88 and 67.67 marks respectively.
- 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.
- India’s NSE Nifty was trading around 0.14 percent higher at 11,743.28 points while BSE Sensex was trading 0.05 points higher at 39,073.87 points.
We prefer to take long position on USD/INR around 70.10, stop loss 69.85 and target of 70.51/70.68.


FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD rises as soft US data pressures dollar
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 



