- USD/INR is currently trading around 70.73 marks.
- It made intraday high at 70.90 and low at 70.71 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 71.00 mark.
- Key resistances are seen at 71.11, 71.46, 71.80, 72.17, 72.42, 72.68 and 72.89 marks respectively.
- On the other side, initial supports are seen at 70.67, 70.47, 70.10 and 69.48 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- India’s NSE Nifty was trading 1.14 pct higher at 11,571.55 points while BSE sensex was trading 1.10 points higher at 39,019.77 points.
We prefer to take short position on USD/INR only below 70.67, stop loss 71.00 and target of 70.10.


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
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Woodies pivot (Major)
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
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: GBP/USD rises as soft US data pressures dollar
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Pair levels and bias summary
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 



