- USD/INR is currently trading around 64.40 marks.
- It made intraday high at 64.41 and low at 64.36 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 64.45 marks.
- Key resistances are seen at 64.45, 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 64.32, 64.25, 64.18, 64.07, 63.95, 63.65, 63.47 and 63.36 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.02 percent lower at 9,964.10 points and BSE Sensex was trading at 0.05 percent lower at 32,245.60 points.
- 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.
We prefer to take long position in USD/INR only above 64.45, stop loss at 64.32 and target of 64.75/64.82.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
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: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY bears maintain upper hand
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: AUD/USD bulls gain momentum heading into the year end
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro- Woodies Pivot(Major) 



