- USD/INR is currently trading around 64.28 marks.
- It made intraday high at 64.29 and low at 64.18 marks.
- Intraday bias remains bullish till the time pair holds key support at 64.18 marks.
- Key resistances are seen at 64.42, 64.52, 64.62, 64.75, 64.92, 65.02, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial supports are seen at 64.18, 64.07, 63.95, 63.65, 63.47 and 63.36 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.19 percent lower at 9,629.05 points and BSE Sensex was trading at 0.13 percent lower at 31,172.52 points.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- India will release forex reserve and bank loan growth data at 1130 GMT.
We prefer to take long position in USD/INR around 64.25, stop loss at 64.18 and target of 64.38/64.42.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: USD/CNY hits 15-month low , scope for further downside 



