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FxWirePro: NZD/USD downside pressure builds, key support level in focus 
- USD/INR is currently trading around 66.76 marks.
- It made intraday high at 66.76 and low at 66.67 marks.
- Intraday bias remains neutral till the time pair holds immediate resistance at 66.86 marks.
- Key resistances are seen at 66.86, 67.04, 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 0.40 percent lower at 27,871.18 and NSE Nifty down by 0.60 percent at 8,572.25 points.
We prefer to take long position in USD/INR only above 66.86, stop loss at 66.62 and target of 67.08/67.32.
