- USD/INR is currently trading around 64.95 marks.
- It made intraday high at 65.03 and low at 64.84 marks.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 64.98 marks.
- Key resistances are seen at 64.98, 65.03, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial supports are seen at 64.82, 64.64, 64.53, 64.29, 63.96, 63.87, 63.70, 63.62, 63.48, 63.36 and 63.11 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- India’s NSE Nifty was trading around 1.16 percent lower at 9,850.55 points and BSE Sensex was trading at 0.91 percent lower 31,632.30 points.
We prefer to take long position in USD/INR around 64.85, stop loss at 64.74 and target of 65.35/65.52.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro: USD/CNY edges lower, scope for further downside
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: AUD/USD eases as investors await U.S. employment figures
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro- Major Pair levels and bias summary
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening 



