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Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next? 
FxWirePro- Woodies pivot (Major) 
- USD/INR is currently trading around 63.99 marks.
- It made intraday high at 64.18 and low at 63.92 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 64.18 mark.
- Key resistances are seen at 64.18, 64.27, 64.48, 64.62, 64.75, 64.87, 64.95, 65.12 and 65.28 marks respectively.
- On the other side, initial supports are seen at 63.92, 63.80 and 63.68 marks respectively.
- 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 64.05, stop loss at 64.18 and target of 63.92/63.80.
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