FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
- USD/INR is currently trading around 64.42 marks.
- It made intraday high at 64.48 and low at 64.41 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 64.62 marks.
- Key resistances are seen at 64.62, 64.75, 64.92, 65.02, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial supports are seen at 64.35, 64.27, 64.07, 63.95, 63.65, 63.47 and 63.36 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.11 percent higher at 9,629.55 points and BSE Sensex was trading at 0.12 percent lower at 31,184.57 points.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- India’s May Nikkei Markit manufacturing PMI decrease to 51.6 (forecast 52.7) vs previous 52.5.
We prefer to take short position in USD/INR around 64.45, stop loss at 64.62 and target of 64.27.
