Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
- USD/INR is currently trading around 66.93.
- It made intraday high at 66.97 and low at 66.77 marks.
- Intraday bias remains bearish for the moment.
- A sustained close below 66.90 will tests key supports at 66.82, 66.56, 66.42(May 01, 2016 low), 66.32 (November 2015 low), 66.23, 66.10, 65.95, 65.81 marks respectively.
- Alternatively, a daily close above 67.37 is required to take the parity higher towards 68.00 marks.
- Key resistances are seen at 67.51, 67.81, 68.05 (crossover of 20D, 30D and 55D EMA) and 68.35 (March 1, 2016 high) respectively.
- On the other side, India’s BSE Sensex was trading 0.18% higher at 26,892.40 while NSE Nifty up by 0.07% to 8,225.40 points.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend. Current downside movement is short term trend correction only.
We prefer to take long position in USD/INR only above 67.11, stop loss 66.67 and target 67.45/ 67.78 marks.
