- USD/INR has made a high 67.03 on Monday after blood bath in Indian stock market. Indian benchmark BSE 30-share Sensitive Index (Sensex) recorded its steep intraday crash since 2009 of more than 1700 points.
- Indian rupee is under pressure for past two weeks, since China devalued its currency to make its export competitive in the world markets.
- Indian rupee is expected to bounce back faster compared to EM currencies on the back of stronger fundamentals and real interest rate of rupee.
- Technically USD/INR has made a high of 67.03 on Monday and declined till 65.87 from that level. The pair's major resistance around 69.22 (Aug 26th high) and nay break above targets 73.40/76 in short term.
- The minor resistance 67.75/68.50.
- On the downside minor support is around 65.85 and any break below will drag the pair further down till 65.40/65/64.46 in short term.
It is good to sell on rallies around 67-67.50 with SL around 69 for the TP of 65/64.50


FxWirePro: EUR/AUD slips after surprise U.S. employment data
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: AUD/USD eases as investors await U.S. employment figures
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: USD/CNY slips as strong China exports data Lift yuan 



