NZD/JPY Drifts Sideways: Mixed Signals Say “Stand Aside for Now” 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/JPY bears maintain upper hand 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD dips below lower range, bearish bias increases 
AUD/JPY Buoyed by Holiday Calm: Buy the Dips Above 103.80 for a Run Toward 106 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
- USD/INR is currently trading around 64.13 marks.
- It made intraday high at 64.16 and low at 63.99 marks.
- Intraday bias remains bullish till the time pair holds key support at 63.99 marks.
- Key resistances are seen at 64.18, 64.25, 64.32, 64.48, 64.60, 64.82, 64.98, 65.09, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial supports are seen at 63.99, 63.87, 63.78, 63.70, 63.62, 63.48, 63.36 and 63.11 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 0.22 percent higher at 9,934.15 points and BSE Sensex was trading at 0.35 percent higher at 31,816.97 points.
We prefer to take long position in USD/INR around 64.10, stop loss at 63.99 and target of 64.25.
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