- USD/INR is currently trading around 71.18 marks.
- It made intraday high at 71.28 and low at 71.06 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 71.53 mark.
- Key resistances are seen at 71.53, 71.77 and 72.23 marks respectively.
- On the other side, initial supports are seen at 71.02, 70.72, 70.47, 70.10, 69.63, 69.16, 68.85, 68.66, 68.52 and 68.31 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 0.38 pct higher at 11,087.95 points while BSE sensex was trading 0.40 points lower at 37,494.78 points.
We prefer to take short position on USD/INR around 71.20, stop loss 71.32 and target of 71.02/70.90/70.70.


FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/USD rises as soft US data pressures dollar
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Crypto levels and bias summary
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: AUD/USD gains some ground but outlook is bearish
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 



