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FxWirePro- Major pair levels and bias summary 
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FxWirePro- Major pair levels and bias summary 
- USD/INR is currently trading around 64.38 marks.
- It made intraday high at 64.40 and low at 64.29 marks.
- Intraday bias remains bullish till the time pair holds key support at 64.25 marks.
- Key resistances are seen at 64.45, 64.60, 64.85, 64.98, 65.09, 65.18, 65.34, 65.52 and 65.80 marks respectively.
- On the other side, initial
supports are seen at 64.25, 64.18, 64.07, 63.95, 63.65, 63.47 and 63.36 marks respectively.
- In addition, India’s NSE Nifty was trading around 0.02 percent higher at 9,900.30 points and BSE Sensex was trading at 0.09 percent higher at 31,982.57 points.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take long position in USD/INR only above 64.48, stop loss at 64.25 and target of 64.75.
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