- USD/INR has made a high 67.03 on Monday after blood bath in Indian stock market. Indian benchmark BSE 30-share Sensitive Index (Sensex) recorded its steep intraday crash since 2009 of more than 1700 points.
- Indian rupee is under pressure for past two weeks, since China devalued its currency to make its export competitive in the world markets.
- Indian rupee is expected to bounce back faster compared to EM currencies on the back of stronger fundamentals and real interest rate of rupee.
- Technically USD/INR has made a high of 67.03 on Monday and declined till 65.87 from that level. The pair's major resistance around 69.22 (Aug 26th high) and nay break above targets 73.40/76 in short term.
- The minor resistance 67.75/68.50.
- On the downside minor support is around 65.85 and any break below will drag the pair further down till 65.40/65/64.46 in short term.
It is good to sell on rallies around 67-67.50 with SL around 69 for the TP of 65/64.50


FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Woodies pivot (Major)
FxWirePro : EUR/NZD slips lower after soft US jobs report
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Woodies pivot (Major)
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro- Major Pair levels and bias summary
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie 



