- USD/INR is currently trading around 66.70.
- It made intraday high at 66.84 and low at 66.67 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 66.91 marks.
- A daily close below 66.56 will take the parity down around key supports at 66.42(May 01, 2016 low) /66.32 (November 2015 low) /66.23/66.10/65.95/65.81 marks respectively.
- On the other side, key resistance levels are seen at 66.84 (55D EMA)/ 66.95/ 67.17 (December 14, 2015 high) levels respectively.
- In addition, Indian stock markets are trading on a positive note. As BSE Sensex was trading 0.57% higher at 25,798.94 while NSE Nifty up by 0.51% to 7,900 points.
We prefer to take short position in USD/INR around 66.76, stop loss 66.91 and target 66.32 levels.


Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD bulls remain cautiously optimistic
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 



