FxWirePro- Major European Indices 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone 
FxWirePro: EUR/AUD under pressure as key support gives way 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
- USD/INR is currently trading around 66.88 marks.
- It made intraday high at 66.90 and low at 66.74 marks.
- Intraday bias remains bullish till the time pair holds immediate support at 66.67 marks.
- Key resistances are seen at 66.98, 67.05, 67.34, 67.52, 67.71, 67.84, 67.95, 68.02, 68.35(March 1, 2016 high), 68.46, 68.66 and 68.78 marks respectively.
- On the other side, initial supports are seen at 66.67, 66.42(May 01, 2016 low), 66.32 (November 2015 low), 66.23, 66.10, 65.95 and 65.81 marks respectively.
- In addition, India’s BSE Sensex was trading 0.21 percent lower at 27,717.18 and NSE Nifty down by 0.12 percent at 8,565.70 points.
- Important to note here that in a daily chart, 20D, 30D and 55D EMA heads down and confirms the bearish trend. Current upside movement is short term trend correction only.
We prefer to take long position in USD/INR only above 67.05, stop loss at 66.67 and target of 67.32/67.48.
