FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro: EUR/AUD under pressure as key support gives way 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro- Major European Indices 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
- USD/INR is currently trading around 66.87.
- It made intraday high at 66.94 and low at 66.78 marks.
- Intraday bias remains neutral for the moment.
- A sustained close below 66.77 will tests key supports at 66.56, 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 0.34% higher at 26,870.99 and NSE Nifty was up by 0.33% to 8,228 points.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend.
- RBI is going to declare its policy rate decision at 0530 GMT.
We prefer to take long position in USD/INR only above 67.04, stop loss 66.67 and target 67.45/ 67.78 marks.
