- 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.


Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: AUD/USD eases as investors await U.S. employment figures
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro : EUR/NZD slips lower after soft US jobs report 



