FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 
FxWirePro- Woodies pivot (Major) 
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AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red 
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FxWirePro: USD/JPY dips as market assess risk of additional FX intervention. 
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AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
- USD/INR is currently trading around 68.55 marks.
- It made intraday high at 68.69 and low at 68.43 marks.
- Intraday bias remains slightly bearish for the moment.
- Key resistances are seen at 68.70, 68.86, 69.05, 69.18, 69.52 and 69.88 marks respectively.
- On the other side, initial supports are seen at 68.42, 68.15, 67.97, 67.79 and 67.59 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- India’s NSE Nifty was trading around 0.72 percent higher at 11,247.22 points while BSE Sensex was trading 0.82 points higher at 37,289.82 points.
We prefer to take short position on USD/INR around 68.56, stop loss at 68.70 and target of 68.15/67.97.
