Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113 
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal 
Pound-Yen Pullback: GBP/JPY Slips Below Key EMAs as Sterling Weakness Fuels Bearish Bet on 210 
Aussie-Yen Trapped Below 113: Sell the Bounce as Bears Reload for a Run at 110 
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: GBP/USD slides toward critical support market reassesses UK political transition 
Fed-ECB Policy Chasm Sends EURUSD Tumbling to 1.1375; Bearish Momentum Builds Toward 1.1300 
FxWirePro- Woodies pivot (Major) 
NZD/JPY Loses Its Shine: Kiwi Cracks Under Pressure as Bears Target 91.80 
FxWirePro: AUD/USD eases after Australian mixed CPI data 
- USD/INR is currently trading around 75.25 marks.
- It made intraday high at 75.88 and low at 75.16 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 75.88 mark.
- Key resistances are seen at 75.88, 76.51, 76.87, 77.41, 77.78, 78.12, 78.26, 78.62 and 79.02 marks respectively.
- On the other side, initial supports are seen at 74.90, 74.50, 73.74, 73.58, 73.00 and 72.58 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 was trading 1.12 pct higher at 9,297.55 points while BSE Sensex was trading 1.17 pct higher at 31,749.38 points.
We prefer to take short position on USD/INR around 76.30, stop loss at 76.88 and target of 74.90/74.50.
