- Pair is currently trading at 68.77 levels.
- It made intraday high at 68.78 and low at 68.64 levels.
- Pair is likely to fall further as 20, 30 and 55D EMA heads upside.
- Key resistance falls at 68.84 levels. A daily close above will take the parity towards 69.22 marks.
- Alternatively, reversal from this level will drag the USD/INR around 68.00 levels.
- In addition, NSE Nifty was trading 0.40% higher at 6995 levels and BSE Sensex was trading 0.51% higher at 23069 levels.
- Key events for the parity will be US GDP data due today and Indian fiscal budget due on February 29, 2016.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro: USD/CAD hits two-month low as oil prices rise
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
Major Crypto Pair Crypto Score: BNBUSD Extremely Bullish at 100, Dominating as XRPUSD Turn Deeply Bearish
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD risks tilt further to the downside
FxWirePro: EUR/AUD bears maintain upper hand
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro: AUD/USD range bound ahead of RBA policy decision
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data 



