- USD/INR is currently trading around 75.05 marks.
- It made intraday high at 75.28 and low at 74.82 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 75.28 mark.
- Key resistances are seen at 75.28, 75.80, 76.00 and 76.51marks respectively.
- On the other side, initial supports are seen at 74.55, 73.97, 73.58, 73.00 and 72.58 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- India’s NSE was trading 4.88 pct lower at 9,377.75 points while BSE Sensex was trading 4.97 pct lower at 32,034.70 points.
- India’s manufacturing PMI stands at 27.4 vs 51.8 previous release (expected 41.0).
We prefer to take long position on USD/INR only above 75.28, stop loss at 74.50 and target of 75.80/76.00.


FxWirePro: GBP/USD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD remains buoyant, looks to extend gains
FxWirePro:NZD/USD edges lower, bearish outlook persists
NZDJPY in Consolidation: Navigating the 92.00 Range as Bearish Clouds Gather
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
FxWirePro- Major European Indices
Swiss Franc Softens as USDCHF Bulls Regain Control: Pullback Offers Prime Entry Toward 0.8000
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD downside pressure builds, key support level in focus
Sterling Stalls on Soft PMIs: GBPJPY Navigates Growth Deceleration as BoE Rate Cut Odds Rise
FxWirePro: EUR/ NZD stuck in range but maintains bullish bias
FxWirePro- Major Crypto levels and bias summary
AUDJPY Stalls in Neutral Ground: Bearish Shadows Loom Over the 111.00 Mark
FxWirePro: USD/ZAR consolidating around 16.995, room for further gains 



