FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Crypto levels and bias summary 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
- USD/INR is currently trading around 67.36 marks.
- It made intraday high at 67.48 and low at 67.27 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 67.62 marks.
- Key resistances are seen at 67.45, 67.52, 67.81, 68.05 (crossover of 20D, 30D and 55D EMA) and 68.35 (March 1, 2016 high) respectively.
- On the other side, initial supports are seen at 67.37, 67.17, 66.91, 66.75, 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 0.11% higher at 26,794.40 and NSE Nifty was down by 0.04% to 8,200.10 points.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend. Current downside movement is short term trend correction only.
We prefer to take short position in USD/INR below 67.32 with stop loss at 67.52 and target of 67.06/ 66.91 marks.
