- USD/INR is currently trading around 67.0650.
- It made intraday high at 67.0650 and low at 66.91 marks.
- Intraday bias remains bullish till the time pair holds key support at 66.74 marks.
- A sustained break below 66.74 will tests key supports at 66.42(May 01, 2016 low), 66.32 (November 2015 low), 66.23, 66.10, 65.95 and 65.81 marks respectively.
- Alternatively, current upside trend will take the parity higher towards 68.00 marks.
- Key resistances are seen at 67.04, 67.37, 67.51, 67.81, 68.05 (crossover of 20D, 30D and 55D EMA) and 68.35 (March 1, 2016 high) respectively.
- On the other side, India’s BSE Sensex was trading 1.07% lower at 26,352.99 and NSE Nifty was down by 0.93% to 8,094.10 points.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend.
We prefer to take long position in USD/INR only above 67.04, stop loss 66.75 and target 67.45 levels.


CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: USD/CAD pauses decline,critical support lies ahead
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD dips on soft China data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 



