- Pair is currently trading at 68.62 levels.
- It made intraday high at 68.74 and low at 68.58 levels.
- A daily close above 68.82 will turn the bias bullish and drag the parity towards multiyear low above 69.22 levels.
- Alternatively, current downfall will take the parity back below 68.50 and 68.00 thereafter.
- Key resistance levels falls at 68.78, 69 and 69.22 levels.
- On the down side, key support levels are seen at 68.47, 68.18 and 68.00 thereafter.
- The key event for the day is Indian budget, which will give clear direction for the short term movement.
We prefer to take short position in USD/INR above 68.70, stop loss 68.92 and target 68.48 levels.


FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major Pair levels and bias summary
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro- Major European Indices
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major Pair levels and bias summary 



