- USD/INR is currently trading around 66.72 marks.
- It made intraday high at 66.77 and low at 66.64 marks.
- Intraday bias remains bearish till the time pair holds immediate resistance at 67.05 marks.
- Key resistances are seen at 66.98, 67.05, 67.34, 67.52, 67.71, 67.84, 67.95, 68.02, 68.35(March 1, 2016 high), 68.46, 68.66 and 68.78 marks respectively.
- On the other side, initial supports are seen at 66.62, 66.42(May 01, 2016 low), 66.32 (November 2015 low), 66.23, 66.10, 65.95 and 65.81 marks respectively.
- In addition, India’s BSE Sensex was trading 0.62 percent lower at 27,911.18 and NSE Nifty down by 0.94 percent at 8,595.70 points.
- Important to note here that in a daily chart, 20D, 30D and 55D EMA heads down and confirms the bearish trend.
We prefer to take short position in USD/INR around 66.75, stop loss at 66.98 and target of 66.42.


BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro-Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro- Major Pair levels and bias summary
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: USD/ZAR bears maintain upper hand 



