NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
- USD/INR is currently trading around 64.80 marks.
- It made intraday high at 64.85 and low at 64.75 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 64.70 marks.
- Key resistances are seen at 64.98, 65.09, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial supports are seen at 64.72, 64.62, 64.55, 64.40, 64.32, 64.27, 64.18, 64.07, 63.95, 63.65, 63.47 and 63.36 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.26 percent lower at 9,649.50 points and BSE Sensex was trading at 0.11 percent lower at 31,336.29 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 around 64.80, stop loss at 64.70 and target of 64.98/65.18/65.25.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
