- Pair is currently trading at 68.15 levels.
- It made intraday high at 68.35 and low at 68.14 levels.
- Yesterday India released its Union budget 2016, which put higher impact on Country's stock as well as currency market.
- Today BSE Sensex was trading 2.44% higher at 23565 levels and NSE Nifty was trading 2.55% higher at 7164 levels.
- Intraday bias remains bearish for the moment.
- A daily close above 68.38 will turn the bias bullish again.
- Alternatively, current downfall will take the parity towards 67.75 levels.
- Key support levels are seen at 68.00, 67.75 and 67.45 levels.
- Resistance levels are seen at 68.38, 68.52 and 68.78 levels.
We prefer to take short position in USD/INR around 68.25, stop loss 68.52 and target 67.78 levels.


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD downward momentum remains in place
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary 



