- USD/INR is currently trading around 63.64 marks.
- It made intraday high at 63.69 and low at 63.59 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 63.95 marks.
- Key resistances are seen at 63.70, 63.95, 64.03, 64.22, 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 63.53, 63.36 and 63.11 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.08 percent higher at 10,021.77 points and BSE Sensex was trading at 0.02 percent higher at 32,240.09 points.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/INR around 63.66, stop loss at 63.95 and target of 63.11.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: USD/CAD dips below lower range, bearish bias increases
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro- Major Crypto levels and bias summary
AUD/JPY Buoyed by Holiday Calm: Buy the Dips Above 103.80 for a Run Toward 106
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: AUD/USD bulls gain momentum heading into the year end
NZD/JPY Drifts Sideways: Mixed Signals Say “Stand Aside for Now” 



