FxWirePro: GBP/AUD capped by 5SMA, good to sell on rally 
FxWirePro: GBP/AUD steadies above 1.9008 ahead of UK labour data, good to buy on dips 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD drops on dovish BoE hold, vulnerable to more downside 
FxWirePro: GBP/NZD capped by 5SMA, good to sell on rally 
FxWirePro: EUR/AUD falls below 1.6300 level, bears keep the advantage 
FxWirePro: EUR/AUD gains slightly but trend is still bearish 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro: EUR/NZD eyes fibo resistance after rallying off from 1.7885 
FxWirePro: EUR/NZD remains weak, eyes 23.6% fib support 
FxWirePro:EUR/AUD struggle to extend its recovery,good to sell on rally 
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FxWirePro: GBP/AUD rebounds but bears are not done yet 
- USD/INR is currently trading around 68.26 marks.
- It made intraday high at 68.30 and low at 68.16 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 68.15 mark.
- Key resistances are seen at 68.52, 68.75, 68.94, 69.05, 69.18, 69.52 and 69.88 marks respectively.
- On the other side, initial supports are seen at 68.15, 67.97, 67.79 and 67.59 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 Nifty was trading around 0.53 percent lower at 11,286.22 points while BSE Sensex was trading 0.58 points lower at 37,302.82 points.
- RBI repo rate increase to 6.5 % (forecast 6.5 %) vs previos 6.25 %.
- RBI reverse repo rate increase to 6.25 % (forecast 6.25 %) vs previous 6 %.
We prefer to take short position on USD/INR only below 67.98, stop loss at 68.52 and target of 67.59.
