JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 
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FxWirePro: USD/JPY dips as market assess risk of additional FX intervention. 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/AUD drifts lower after BOE rate decision 
FxWirePro: AUD/USD gains some ground but outlook is bearish 
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum 
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- USD/INR is currently trading around 70.97 marks.
- It made intraday high at 71.00 and low at 70.80 marks.
- Intraday bias remains neutral for the moment.
- Key resistances are seen at 71.07, 71.48 and 71.86 marks respectively.
- On the other side, initial supports are seen at 70.60, 70.23, 69.87, 69.62, 69.35, 69.02, 68.65 and 68.15 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 0.17 percent higher at 10,905.58 points while BSE Sensex was trading 0.18 points higher at 36,383.32 points.
We prefer to take long position on USD/INR only above 71.07, stop loss at 70.60 and target of 71.48.
