- USD/INR is currently trading around 70.80 marks.
- It made intraday high at 70.82 and low at 70.60 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 71.11 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 70.57, 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 1.03 pct higher at 11,351.80 and BSE was trading 1.18 pct higher at 38,334.92 points.
- India will release manufacturing production as well as industrial production data around 1200 GMT.
We prefer to take long position on USD/INR around 70.78, stop loss 70.55 and target of 71.11/71.46.


ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro- Woodies pivot (Major)
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: USD/ZAR bears maintain upper hand
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 



