- USD/INR is currently trading around 64.55 marks.
- It made intraday high at 64.63 and low at 64.54 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 64.85 marks.
- Key resistances are seen at 64.85, 64.98, 65.09, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial supports are seen at 64.55, 64.40, 64.32, 64.27, 64.18, 64.07, 63.95, 63.65, 63.47 and 63.36 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.34 percent higher at 9,699.50 points and BSE Sensex was trading at 0.60 percent higher at 31,553.02 points.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/INR around 64.60, stop loss at 64.72 and target of 64.40.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data 



