- USD/INR is currently trading around 71.37 marks.
- It made intraday high at 71.47 and low at 71.35 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 71.68 mark.
- Key resistances are seen at 71.68, 71.90, 72.17, 72.42, 72.68 and 72.89 marks respectively.
- On the other side, initial supports are seen at 71.22, 70.80, 70.64, 70.47, 70.32, 70.10, 69.76 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 was trading 1.04 pct higher at 12,153.25 points and BSE sensex 1.05 pct higher at 41,243.40 points.
We prefer to take short position on USD/INR around 71.38, stop loss at 71.50 and target of 71.22/70.80 mark.


NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro- Major Crypto levels and bias summary
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: GBP/NZD edges lower but bias is bullish
FxWirePro: GBP/AUD eases slightly but trend is still bullish
FxWirePro: AUD/USD holds narrow range, focus on near-term support
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention 



