GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
- USD/INR is currently trading around 68.28 marks.
- It made intraday high at 68.63 and low at 68.15 marks.
- Intraday bias remains slightly bearish till the time pair holds immediate resistance at 68.77 marks.
- Key resistances are seen at 68.85 and 69.52(August, 2013 high) marks respectively.
- On the other side, initial supports are seen at 68.08, 67.99, 67.72, 67.59, 67.22, 66.82, 66.68, 66.50, 66.28, 66.10, 65.95 and 65.81 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.74 percent higher at 8,025.10 points and BSE Sensex was trading at 0.39 percent higher at 25,962.08 points.
- 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.
We prefer to take short position in USD/INR around 68.30, stop loss 68.77 and target of 67.99/67.82.
