- USD/INR is currently trading around 64.23 marks.
- It made intraday high at 64.28 and low at 64.11 marks.
- Intraday bias remains bullish till the time pair holds key support at 63.99 marks.
- Key resistances are seen at 64.25, 64.36, 64.48, 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 63.99, 63.87, 63.78, 63.70, 63.62, 63.48, 63.36 and 63.11 marks respectively.
- 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.
- India’s NSE Nifty was trading around 0.58 percent lower at 9,894.15 points and BSE Sensex was trading at 0.64 percent lower at 31,606.97 points.
We prefer to take long position in USD/INR around 64.18, stop loss at 64.08 and target of 64.36/64.48.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/CNY hits 15-month low , scope for further downside
Bitcoin Stalls on Boxing Day: Flat at $87K Amid Bearish EMAs – But CCI Signals Buy Dips to $85K for $100K+ Targets
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
Ethereum Stuck in Neutral: Range-Bound at $2.9K with Bearish EMAs – But Dip-Buyers Eye $2958 for $3600+ Breakout
FxWirePro: USD/JPY bears maintain upper hand
NZD/JPY Drifts Sideways: Mixed Signals Say “Stand Aside for Now”
FxWirePro: EUR/NZD positions for another drop, eyes 2.0100 level
FxWirePro: GBP/AUD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
AUD/JPY Buoyed by Holiday Calm: Buy the Dips Above 103.80 for a Run Toward 106
FxWirePro: EUR/AUD dips below lower range, bearish bias increases
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 



